07-20-2018, 11:27 AM
https://www.football-italia.net/124757/l...statements
Former Milan owner Yonghong Li is under investigation in Italy for allegedly misleading financial markets with his public statements.
Now Milan’s financial police want to find out why Li would take a loss of close to €700m by allowing Elliott to take over - and why he repeatedly ensured the situation was in hand.
If he didn’t have the €32m which would have delayed such a scenario until October, it raises questions over why he didn’t accept the various takeover bids on the table.
While selling to Rocco Commisso or Tom Ricketts would have meant a significant loss, Li could have retained a stake in the club and wouldn’t have incurred all the losses himself.
Former Milan owner Yonghong Li is under investigation in Italy for allegedly misleading financial markets with his public statements.
Now Milan’s financial police want to find out why Li would take a loss of close to €700m by allowing Elliott to take over - and why he repeatedly ensured the situation was in hand.
If he didn’t have the €32m which would have delayed such a scenario until October, it raises questions over why he didn’t accept the various takeover bids on the table.
While selling to Rocco Commisso or Tom Ricketts would have meant a significant loss, Li could have retained a stake in the club and wouldn’t have incurred all the losses himself.
Avaiting for arrival of exorcist into our boardroom.