Ac Milan Acquisition. Ac milan and li have a total accumulated debt of 308 million euros towards elliott which lent 180 million euros to li and 128 million euros to ac milan to fund the acquisition of players and. Fund will provide 180 million euros to complete the acquisition and another 73 million euros to help the club to cover short term payments said a lawyer working for ac milan and yonghong.
Ac milan a historically significant soccer football team in italy has been reportedly negotiating with and may soon be owned by the most significant luxury conglomerate in the world lvmh. However with the club s charter being lost the exact date remains open to debate. Hedge fund elliott management said on tuesday it has assumed control of indebted italian soccer club ac milan and will inject 50 million euros 44 2 million to help stabilise the club s.
In order to compete with the other top football squads in europe ac milan needs substantial investments in particular with regard to the acquisition of new players.
Ac milan s city rival internazionale was sold to. The sale would represent the latest high profile acquisition by chinese investors seeking to make waves in the so called beautiful game. Ac milan a historically significant soccer football team in italy has been reportedly negotiating with and may soon be owned by the most significant luxury conglomerate in the world lvmh. Alas chloe beresford and lawyer felice raimondo have combined to produce a fantastic article for forbes which discusses the entire situation at length including background on blue skye.
