Our owner is not debt-free. American style: debt is good, debt is the incentive, debt is obvious,...
Good thing is they are serious to reach break even point, and they are good at that, of course they are also good at cutting loses, but the current Milan is still safe from that both football and financial.
Around €3 million profit for 2024-2025, third consecutive year of profit.
To be honest with all the transfer overspending, this is good money wise. Personally I don't care that much about "more sponsors" stuff but at least money wise team is in much better shape than probably ever.
I can't expect a fish to climb, and some American owners to operate a football club passionately.
They are good at finance, and they have done that well enough here.
Not happy like the old time, but time flies, ok for it.
RedBird are close to pay off loan from Elliott. Working with Comvest Partners is the rumour and also possibility of Furlani not remaining the CEO. Convest Partner's majority owner is Manulife.
Furlani is a capable CEO from a general standpoint. However, leading an Italian football club requires more than strong financial expertise alone.
And if we manage to bring Theo back after securing Mike’s renewal, then Furlani deserves to be seen as a hidden hero — someone who absorbs the criticism yet has kept Milan’s finances under control.
The Elliott loan has been repaid due to securing funding from Comvest.
Refinancing a loan to get better interest and have longer to give back money is good, in the current system of the world it provides some $$$ relief.
Ellison family who are one of the richest in the world (they own paramount among many others) could buy a minority stake in the team.
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