I still won't believe it's happened until...it happens!

Inching closer to the closing on the evening of March 3rd and yet another set of rumors about another delay with a third deposit being paid. Apparently part of the chinese investors backed off and well ...

However, we have yet to get any formal communication about this either from Fininvest, SES or Milan. Hence, im still optimistic that the closing will happen and that this is nothing but the usual rumors. Especially now that we have two days left.

Delayed by a month, at best - Berlusconi reportedly rejected a reduced offer as well.

I have been doubting this and doubting this and BAM it's all falling apart again.

If it does fall apart Danny then we have 200M, or Silvio has 200M, in cash. Repay part of Milan's 220M debt, buy a good defender, midfielder and striker. Sell <enter player(s)> (I think they would be persuaded to leave; being rational).

Yeah, but I am still holding out for a Chinese entry on the 3rd. As the rumors have it one/two of the Chinese groups is backing out. They had over two years to back out. Its surreal to think they woke up and backed off. Further, Silvio wants to dispose of Milan and get it off his books. It needs lots of money thrown at it with pocket change return, and he isn't the politician he once was so whats the point in keeping the club. He could always remain a fan as a spectator.

He'll sell it alright, if not to the Chinese then to the Americans.

You know what would be really cool? If there is a way to reach most Milanfans in the world, lets say we gather 3,000,000 fans (IG has 2.9M) who form a company with each share priced at €333/- thats €1bn capital in cash. Buyout Silvio with the valuation the Chinese used, we should have 250-300M free to invest after Milan debt settled, Silvio happy at the bank and we will finally have the power to dictate things (IMG:style_emoticons/default/biggrin.gif) . The catch is, we will have to pay annual fees of X amount with no return on the money we are putting in. But at least we own the damn club and get the best seat in the house at match day (IMG:style_emoticons/default/96.gif)

Your post reeks of desperation (IMG:style_emoticons/default/sad.gif)

If this sale doesn't go through, and it looks horribly like it won't, we remain in this grave pit for a very long time.

Hopefully I'm surprised instead.

I share your concern. If B&G keep running the show, we are only going to sink deeper. The 200M is good for Fininvest, but Fininvest lost the desire to put any money into the club years ago, and our current management has shown they can waste money whenever they get any. Yes, B&G achieved great things, but that was over a decade ago.

Shareholders meeting at fininvest over and they voted to give additional time to the Chinese. An official statement is to follow.

EDIT: Read Here

This post has been edited by Rossoneri7: Mar 3 2017, 11:28 AM

I love how one option is basically nicking 200M from them (IMG:style_emoticons/default/biggrin.gif)

I get a sinking feeling that they will go for that option (way too tempting for B&G), and we are going to be back to the way it was (for the last few years, that is). If so, I expect a lot of posturing from B&G, but once is all is said and done our decline will continue.

Technically speaking it isnt B&G ... that would apply if the 200M was deposited with Milan. It is deposited with Fininvest for itsshare in Milan. Technically it is Silvios money. So if that option is called, then its Silvio's decision to dig into his pocket. As he has been doing for 30 years now.

What boggles me though, aside from all this, is who are these Chinese and are they really the breath of fresh air that we lack? Or they will pick up where Silvio left off?

I doubt that will happen though. The board of directors just had to approve another annual loss of 70m, 200m in the long run doesn't do anything to stem the blood flow.

Silvio and most importantly Fininvest want to sell Milan, that's a surety, now whether it will be to this group or another one remains to be seen. But Milan will be sold, whether it's now or a year from now, this is something I'm 100% sure of. Our future is no longer with the Berlusconi family.


Yes, and I personally think they'll use that to pay the yearly running cost which still comes at a huge big fat red number even when we don't spend on transfers and pocket the rest. Silvio has proven that he no longer has any desire to spend big sums on Milan

Aside from that, I really find it hard to believe that anyone would give you 200m and then just walk away, it's just crazy stuff. Either there's something even shadier going on than we already believe there is, or no money has really come in at all and this was justa save-face exercise from Fininvest. It just all doesn't make sense

Another worrying issue for me is that this supposed consortium that has backers worth over a Trillion dollars in it can't scrounge up the measly 320m that was still required to be paid at the closing. It certainly doesn't auger well for our supposed spending power under the Chinese that's for sure.

Looks like the closing may actually happen after all.

We'll see, not trusting anything until it actually happens at this point

Bingo. I heard this last night. It's been pie in the sky up till now. Why would this be any different?

Just sell them a minority stake and be done with it. (IMG:style_emoticons/default/dry.gif)

Also, heard that Audi will no longer be our sponsors from next season. I wonder who will be the new choice. Hope it won't be Hyundai (IMG:style_emoticons/default/tongue.gif)