Milan10
Milan Legend
- Joined
- Mar 8, 2007
- Messages
- 18,061
- Reaction score
- 27,315
100% owners? That seems unlikely, any sources? Li must have been very, very desperate to agree to that deal.
Li’s holding company held 99.93% of the club, and it appears as though that entire amount transferred to Elliott when Li essentially defaulted. Li was desperate when he took the loan from Elliott. It appears his entire stake in Milan was put up as collateral when he was loaned approximately 300M.