[Danny]

The Thai businessman has announced that he has agreed to a deal in principle to buy a stake in the Rossoneri.

Bee Taechaubol has agreed to a deal in principle to buy a significant share in AC Milan.

The Thai businessman had been in talks this week with club president Silvio Berlusconi and has now reached an agreement with the Rossoneri's parent company, Fininvest.

A statement from the man commonly known as "Mr. Bee" on Saturday read:

"I am very much looking forward to being a part of AC Milan’s history. It is a legendary club with a huge following worldwide, including in my country. If you walk around the streets of Bangkok, you will see countless Rossonero shirts. To be a part of the club is an honour, and a dream come true.

“This is a sound investment, and I am looking forward to tremendous success on all fronts with AC Milan. Once we have concluded the deal, we will roll up our sleeves and get to work. The club is not where it should be: fighting for the Serie A title, and in the final stages of the Champions League.

"With hard work, dedicated management and wise investment I am confident we can bring back the glory and trophies that AC Milan fans expect.

“I’d like to thank everyone in Italy for the way we have been received: Mr. Berlusconi, his family, and the Fininvest team have all been very welcoming. I’d also like to thank the Italian journalists for their patience, and most of all, the AC Milan fans.

“Our financial partners are firmly behind us, and are looking forward to the conclusion of the deal. Doyen Sports has also been a great help, and having them as partners will undoubtedly be a major asset for us in the future. We look forward to providing more information in the coming days.”

It is not yet clear whether the purchase will see Taechaubol replace Berlusconi, who has been the owner of Milan since February 1986, as a majority shareholder.

[X-Offender]

For the time being, I don't care. Galliani is not my main concern. Changing ownership is.

[Danny]

For the time being, I don't care. Galliani is not my main concern. Changing ownership is.

Galliani is a lying, cheating, two-faced charlatan.

But...and God help me for defending him, he can only work with the budget he's allocated. If he's told to get frees, he has to get frees.

Don't forget he's brought us some of the best players in our club's history, but times have horribly changed.

[Forza Milan!]

Galliani is a lying, cheating, two-faced charlatan.

But...and God help me for defending him, he can only work with the budget he's allocated. If he's told to get frees, he has to get frees.

Don't forget he's brought us some of the best players in our club's history, but times have horribly changed.

Budget has to do with revenue and expenses. Our revenue is high (at least, relative to other Serie A teams). So if we do not have money, then clearly our expenses have not been managed properly. And who has been in charge of managing our expenses?

But, wait a second, why isn't Berlu putting money in the club? Answer is simple, he is. Look at our most recent financial statements, we just lost 91.3M. That is a lot of money!!! Who do you think will have to cover for this loss? BTW, I believe that we may be losing more money than is allowed by FFP rules. Just think about this for a minute, we have a real crappy team ... and we still may be in violation of FFP! And who do we thank for that?

Now, about the "frees" Galliani has gotten us. Take Mexes. We can argue how good he is, but let's look at it purely from a financial perspective. Galliani got him for free. (Great, yeah, Galliani!) However, he has cost us 8M per year (4M salary, 4M taxes). Four years with us, so 32M. (Do you still think this it has been such a great deal for us? I don't.) Sadly he is just one example (there are others).

Yes, Galliani has made some great deals for Milan throughout the years (but IMHO not nearly as good as what Moggi did for Juve in his days). OTOH, Galliani also got us some real duds, and (most important) he has clearly not been able to cope with how football finances have changed in recent years (other Serie A teams have been able to adjust to this new reality, so it is not as if it can't be done).

Bottom line, enough excuses! If we do not have money for players, you can primarily thank Galliani and his management of team finances. (And Berlu for not having sacked the clown.)

This post has been edited by Forza Milan!: May 4 2015, 07:08 PM