re: Elliott
If the plan was to make a quick 200m or so, Milan would have been sold about 2 weeks ago to any of the Ricketts or Commisso.
For some reason, Elliott plans a 3yr project with hopes of returning this club (and their asset) to being worth over 1 Billion.
ask yourself... think back to Econ 101....
How does one get an asset to appreciate in value?
Answer: not by selling off it's best assets (players) and pumping no money into making the club more attractive and more marketable.
Strong management, strong squad, strong reputation.
football clubs do NOT naturally increase in value the longer it's held. Definitely not in Serie A, anyways. Stripping it down and lingering for 3yrs would make the club nearly worth less than the peanuts they acquired it for.
"If the plan was to make a quick 200m or so, Milan would have been sold about 2 weeks ago to any of the Ricketts or Commisso"
There is absolutely nothing factual about this statement other than the fact that Commisso was interested in purchasing Milan. The Ricketts family may have been interested also; however, the idea that either party was offering 500M is not based in any sort of fact. Personally, I don't buy into the idea that people were offering Li or Elliott 500M.
If someone offered Elliott a 200M profit on an asset they obtained through a loan they issued not even a year ago, I find it hard to believe they would not take that deal instantly. That is speculation on my part, but the mere suggestion that there were offers of 500M on the table is not based in any facts available to us.
And just because we are dealing with facts... 500M would not have produced a 200M profit for Elliott. Elliott was owed 400M+ by Li:
https://www.bloomberg.com/news/arti...to-plan-to-hold-onto-ac-milan-plot-turnaround
For some reason, Elliott plans a 3yr project with hopes of returning this club (and their asset) to being worth over 1 Billion.
You have a source on this one, brah? The only official information I read from Elliott is that they are going to hold Milan, stabilize its finances, and ensure that it is "well capitalized"
"The New York-based hedge fund said Tuesday it had taken control of AC Milan, after the club’s Chinese owner defaulted on its debt obligations. Elliott said in a statement its goal was to “achieve long-term success for AC Milan by focusing on the fundamentals and ensuring the club is well-capitalized.”
I think you are pulling the 3 year plan to sell the club at 1 Billion from the land of speculation, not facts.
The rest of your post is an explanation of capital gains that a child would understand relayed as though it is coming from a position of authority. In other words, the first half of your post is the same type of speculation you've based your posting on for the last two years, and the rest is common sense silliness, which ultimately does not address the most fundamental question:
Will and how will AC Milan benefit from Elliott's ownership/guidance?
-Financially?
-Success in competition?
-Branding/Marketing wise?
-Stadium?
This is within the realm of speculation, but my guess is the club will benefit mostly and possibly exclusively from a financial perspective. Elliott will improve the "fundamentals" of the club as they said. You're implying that Elliott will spend big money in the market to get Milan's evaluation up as high as possible. I'd say it's more likely that they do the minimal amount possible to escape with a nice profit. I wouldn't expect for a second that they have ambitions of the club winning the CL and returning to glory, these guys are here for profit with as little investment on top of the 400M they loaned and ultimately gained ownership of the club with.