AC Milan’s owners Elliott Management are here for the long haul and are very unlikely to sell the club soon, according to lawyer and football finance expert Felice Raimondo.
We spoke to Raimondo about all things to do with the Rossoneri’s ownership and economic situation, and he outlined the reasons that suggest Elliott are in no rush to sell Milan despite speculation that they will look to pass the club on for a profit as soon as possible.
“It is undoubtedly a medium to long term vision. The American fund are in no hurry to get a return from its investment and will do so only when the reconstruction of Milan as a club and as a team is well underway,” he exclusively told us.
“Moreover, it is not certain that it will completely exit the shareholder base, on the contrary, in several of its investments it has remained with a controlling interest, however, favouring the entry of minority shareholders.
“For Elliott, the sustainability of the project in the long term is crucial and from what we see they want to combine this with a young and talented squad that lasts over time.
“If, on the other hand, they wanted to get back the money spent quickly, they would have adopted a different transfer policy, with many free transfers of players at the end of their career. Instead, apart from Ibra who is the exception, we have the youngest squad in Europe.”