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Old 13-11-2017, 17:46   #161
necromancer
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Fassone statements to the shareholders:





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Old 13-11-2017, 18:55   #162
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Produce own games? What does that mean?


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Old 13-11-2017, 19:11   #163
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i'd really prefer if we stayed in the San Siro

and since when does Inter want to stay? weren't they looking to build their own stadium too?
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Old 14-11-2017, 04:11   #164
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Quote:
Originally Posted by necromancer View Post
Fassone statements to the shareholders:



How to the heck is the new sponsor better than the old one if we getting less money??if we can't win shit the bonus will just be useless!
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Old 14-11-2017, 04:34   #165
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Quote:
Originally Posted by necromancer View Post
Fassone statements to the shareholders:



basically we fucked?

lol
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Old 14-11-2017, 07:22   #166
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Originally Posted by necromancer View Post
Fassone statements to the shareholders:




fuck, we have become arsenal
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Old 14-11-2017, 09:16   #167
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I don't see anything wrong here. He's saying we're paying our debt as scheduled, we aren't buying players in january only if something like Bonucci deal comes along (2 good 2 turn down), we got a new - better sponsor, we're selling stuff in China... All we need to do is kick Montella out of Milan and we're good.
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Old 14-11-2017, 09:24   #168
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Quote:
Originally Posted by mato View Post
I don't see anything wrong here. He's saying we're paying our debt as scheduled, we aren't buying players in january only if something like Bonucci deal comes along (2 good 2 turn down), we got a new - better sponsor, we're selling stuff in China... All we need to do is kick Montella out of Milan and we're good.
+++1000000

I guess everyone expected him to say - we will splash money left and right until we win everything?

Absolutely nothing wrong with his statements.
The plan is to break even in 3 years. So we need to build up sponsorships and cut our expenses to the minimum.


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Old 14-11-2017, 11:11   #169
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Bunch of Ashes
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Old 14-11-2017, 11:56   #170
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Quote:
Originally Posted by Ronin View Post
Produce own games? What does that mean?
Fix em.. like juve


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Old 14-11-2017, 12:40   #171
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Originally Posted by Massaro94 View Post
Fix em.. like juve
No you fool, milan will produce entertainment .
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Old 16-11-2017, 17:37   #172
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Old 16-11-2017, 17:42   #173
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i very much prefer fabio bazzani to this one zille


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Old 16-11-2017, 17:45   #174
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On stadium:

Quote:
“We think that San Siro - which is an icon of world football - in the medium term can’t allow us to achieve the economic objectives that a single stadium can provide,” Fassone explained.

“The gap between foreign countries and Italy is largely due to the stadiums. Having a single stadium for Milan, whether it’s San Siro or elsewhere, is up for debate.

“We’ll certainly choose the best thing for Milan, because we need our own stadium. It’s a path we’ve drawn.”

After the Q&A session, Fassone also answered questions on the stadium from Milan TV.

“The capacity is controversial, everyone wants it to to be 80,000 because we fill it three times a year [the two Milan derbies and Juventus at home], but at other times no.

“So we need to find a balance but I’m sure we’ll manage that. We’re working on two diverse ideas, restructuring San Siro, or evaluating other zones both in and out of Milan.

“Will there be other commercial things in a new stadium? It would have to be that way. The stadium serves to raise the revenue, so yes.

“Will there be statues of famous Milan players near San Siro? Yes, I think the mayor is making the first steps to do that.

“We’ll soon have some illustrious Milanisti on the piazze and streets of our city.”


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Old 16-11-2017, 18:17   #175
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Quote:
“Will there be statues of famous Milan players near San Siro? Yes, I think the mayor is making the first steps to do that.


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Old 17-11-2017, 04:20   #176
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Where does it say that the sponsor is better ???

It says it has the potential to return more.... but its tied to performance
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Old 17-11-2017, 09:51   #177
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Quote:
Originally Posted by Master Smurf View Post
Where does it say that the sponsor is better ???

It says it has the potential to return more.... but its tied to performance
better bonuses for sporting and commercial success. Our sales have gone up since we're selling in China. Previous deal included only Europe, this one is global.
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Old 17-11-2017, 12:36   #178
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It’s reported Milan have agreed a deal to refinance their loan from Elliott Management, though with a higher interest rate.

The Rossoneri were taken over by a Chinese consortium in April, financed by a loan from the U.S hedge fund.

Under the terms of the deal, if the €303m - circa €350m with interest - isn’t repaid within a year Elliott can take over the running of the club and sell their assets to get their money back.

As a result, owner Yonghong Li and his Rossoneri Sport Investment group have been looking to refinance the deal, and Corriere della Sera reports a deal is close with Highbridge, owned by JPMorgan Chase.

An eight week exclusivity deal has been agreed for due diligence, on a plan which would see the debt refinanced and paid over five years.

The new financing deal would be worth around €400m, with €250m falling on Rossoneri Sport Investment and €150m on the club.

In addition, there is the possibility of accessing a further €100m in the future if the club meets the targets set out in the business plan they’ve submitted to Highbridge.

The business plan is conservative in terms of sporting results, banking on the Europa League rather than the Champions League, but there are more ambitious targets for growth in China.

The deal has been in the works for some time, so there is confidence that an agreement can be signed before the eight week deadline.

If the deal is done, it would remove the spectre of Elliott from over the new owners and allow them more time to pursue their sporting and financial goals.


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Old 17-11-2017, 13:00   #179
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#wesorich


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Old 17-11-2017, 13:13   #180
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Quote:
The new financing deal would be worth around €400m, with €250m falling on Rossoneri Sport Investment and €150m on the club.
Does this mean that 250m will be used to pay back Eliott while 150m will be invested in the club?


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