[han2503]

It will most likely be a lean summer for us. We'll see what happens with the UEFA ruling as it will determine a lot in terms of strategy

I'm honestly worried about how we'll go about spending money. Mirabelli has made serious errors so far, and with Reina and Strinic coming in, I see even more errors coming in this mercato. He's obviously not fit to be a Sporting Director for a big club, especially a club that's going through the difficulties we're currently in.

[han2503]

So anyone saw the game today? Your thoughts on the game - considering we're much behind our pre-season compared to Man Utd.

Nah, I have to work in the morning, I can't stay up for any of these friendlies tbh. Hopefully we arrange one last friendly in Italy before the season starts so we can watch the team at a decent hour and see how prep is going

I still consider Elliott fund to be interested in one thing only and that is making the maximum out of selling the club.

That said, they cleared the debt on the club, injected further into the club to keep running costs going and is currently hiring people that once apon a time had fairy tails back here. That is all good and dandy. It could have gone much worse.

The Elliott know the Milan brand has a value, and that is what singer said when asked about Milan. It is in his benifit that he shows the ‘intangible’ value in Milan (ie history), create a value if you will and then spin it off.

This is a very interesting proposition ‘we’ as Milan fans are facing today. It could have gotten (or could get) much worse. Singer took the club at a cost of EUR 280M, he could have dumped it for 450M. But this is no ordinary club, the ‘intangible’ value of the club makes it second only to Madrid. So it makes sense Singer is trying to create value before passing it on to the highest bidder - simple math club was sold from Berlusconi to Li at 750M. Li defaulted on Elliott loan and Elliott own the club today. The value last year when Li took over was 750M. So they are most likely looking at it around the 1bn mark. Pooling a consortium to front that sort of money requires optimistic markets, Singer said three years max. He will financially engineer Milan.

One draw back, God forbid there was a recession or a need for hedge funds to dispose of is liquid assets first and then ineffcient assets like Milan. As they also have an obligation to their Clients, of whom funded the loan to Li.

Unlike Berlusconi who made it a matter of the heart, these people are out there trying to make money out of it.

I agree with all of this R7

Elliot put me on edge

But that being said, the fat that they have hired and will be hiring people like Leonardo, Gandini, Gazidis and even hopefully Maldini gives me a certain amount of assurance that the previous ownership never provided.

I think this club has been craving a proper management that could run it as a proper business. Silvio only used his heart with Milan when he could benefit politically in return, Galliani as well. He was all about the heart, but he also ran a corrupt ship which was solely focused on enriching his tight circle of agents and club directors. I'm not trying to negate all the great things these two men did for the club, but they're also part of the reason we are where we are now. Owned by a vulture fund essentially. Berlu and Fininvest knew that Li was a fraud. They still took the money and ran. That says it all.

I personally look forward to these next 3 years under Elliot. They're going to ensure that their asset is worth more down the line. And with a football club that can only happen through success on the pitch and a proper business model. They've already taken care of the latter by bringing in the proper people to run this club. The success on the pitch will in-turn follow.