I think for a team of Milan's magnitude though, Elliott will have to invest something. They cannot expect to become financially sound again with empty stadiums, lackluster shirt sales & not qualifying for CL. These (apart from a new stadium) are the fundamentals missing for Milan to become stable again, or by Elliott's needs an attractive team to new & capable buyers.
I don't think it is quite that simple. Certainly, a strong Milan will help fetch better price for Elliott, but how much do they need to invest to build that value? For example, if Elliott can sell Milan right now for 700M euros, and can sell for 1B euros if we are good, the price difference is 300M. But if Elliott has to invest 400M between covering annual losses, funding mercator and building stadiums, then they actually lose 100M by doing this. The thing with Elliott is, since they are not going to be a long term owner, their only interest with us is financial. Whether that means they invest in us and try to build us into a CL contender again or turn us into a mid table team that has a balanced books is something only time will tell.
07-12-2018, 11:00 AM
(This post was last modified: 07-12-2018, 11:03 AM by Siregar.)
(07-12-2018, 12:25 AM)slifersd Wrote: I wouldn't expect much this mercato. Elliott is not the type of owner who is going in guns blazing and splashing their cash around. They are more interested in building a financially sound and stable company instead of fielding a team full of superstars.
I choose Elliot compared to previous owners even though Elliout would not splash money like last year or Berlusconi did in the past. Company like Elliot would try hard to make money from Milan and itu could be done ONLY IF they well Milan WHEN Milan are in good-very good situation in term of quality and financial. We would be good financially and have a good quality team. Not like arab-owned club but at least this club would be managed profesionally.
"When Costacurta and Maldini won they didn't celebrate much. They were thinking about winning the next game" - Alessandro Nesta
Elliott are working on resolving Milan's debt of €140m. They will either convert it into equity or re-finance the debt themselves. [@MilanoFinanza]
Like I (of course not only me) have been saying since day 1