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+--- Thread: Milan's Financial Position (/showthread.php?tid=1106)
RE: Milan's Financial Position - Aficio - 07-21-2022
So, Eliott is still the boss!!!
I am emotionally annoyed, but logically OK with that.
RE: Milan's Financial Position - Demonbanana - 08-30-2022
Now this is big
Financial times @FT
The New York Yankees baseball franchise and a Los Angeles investment fund are investing in Milan alongside US private equity group RedBird, which is closing in on the €1.2bn acquisition of the club
RedBird is set to announce the entry of its new partners as early as Wednesday when it is expected to officially take control of the club from its current owner, US hedge fund Elliott Management
The Yankees are among the biggest brands in sport, with a Major League Baseball-record 27 World Series championships. The team has been owned by the Steinbrenner family since 1973 when late patriarch George paid $8.8mn for the franchise, which is now valued at $6bn
The Yankees will work closely with AC Milan as Cardinale tries to increase the Italian club’s revenues and on-field successes, people familiar with the matter said. Part of the collaboration could include AC Milan programming on the YES Network, a regional sports network owned by a consortium of the Yankees club, Amazon, RedBird and Sinclair Broadcast Group.
RE: Milan's Financial Position - Arildonardo - 08-30-2022
New York Yankees salaries:
https://www.spotrac.com/mlb/new-york-yankees/payroll/?ref=trending-pages
Should be possible to renew Rafael Leao.
RE: Milan's Financial Position - reza - 08-30-2022
Always amazes me when I read about a business deal, not just this one, where the money is found *after* the deal is signed.
If Cardinale manages to do the stadium he would already be one of the best owners in world football.
RE: Milan's Financial Position - Demonbanana - 08-31-2022
Milan are officially RedBird now.
RE: Milan's Financial Position - reza - 08-31-2022
Will Cardinale make a gift transfer ala Berlu?
RE: Milan's Financial Position - Zio Fester - 08-31-2022
(08-31-2022, 02:24 PM)reza Wrote: Will Cardinale make a gift transfer ala Berlu?
Only if he can get a loan from Elliot...
RE: Milan's Financial Position - Codazzi - 08-31-2022
I expect no one less than a world class RW in June
RE: Milan's Financial Position - Demonbanana - 09-01-2022
Earlier today, Yankees Global Enterprises entered into a partnership with historic Italian football club @acmilan.
The YES Network will air AC Milan matches beginning September 6th.
RE: Milan's Financial Position - reza - 10-02-2022
Courtesy Calcio e Finanza:
Losses:
2021/2022 €66.5 million ---- 2020/2021 €96.4 million
Revenue:
2021/2022 €297.7 million ---- €2020/2021 €261.1 million