A report has emerged claiming that Gerry Cardinale is looking for investors in AC Milan, following his most recent interview with Harvard Business School.
As Calciomercato.com write, Cardinale spoke very clearly in the study that HBS put out, as we analysed in a feature last night. Giorgio Furlani was even more explicit: RedBird’s goals at Milan are mainly economic, that have triggered the inevitable response of the fans.
Some supporters cannot conceive how what was ‘the most successful club in the world’ and still the second team in Europe for number of Champions Leagues won after Real Madrid cannot dream big and see the sporting project placed at the centre of everything.
Cardinale and Furlani have made it clear that RedBird’s vision for the Rossoneri does involve sporting results, but in tandem with economic sustainability and with the possibility of growing to such a point that, in the future, the club will be sold for a profit to the highest bidder.
This triggered the understandable reactions of fans, and yet it was probably also a message to third parties in the financial sector regarding an investment opportunity. The refinancing of the vendor loan agreement has bought the ownership group time to. find potential partners.
The report adds how it is no mystery that for some time the Italian-American entrepreneur has been looking to the Middle East for capital. He is also open to welcoming those who can help him both in the day-to-day management of Milan and in the construction of the new stadium.
I do not see a problem, sound approach. Being profitable brings success on the pitch, which brings more money.
I know some here including me want to see instant results and unlimited funds but yhat is no longer possible
Newcastle United has just that and despite positive results they are far from do i ating EPL. Football is changing, and so are we.
its the other way around. success on the pitch brings profits…
Yes but squad quality requires money. Football teams can’t operate at a loss anymore no matter how rich your owner is.
Nobody said we should be operating at a lose.
We spend mone, buy some good players and build a core that is then competitive for half a decade maybe more. In that time you get results that raise your brand so you get better contract from sponsors etc etc.
We had a core needed just a bit more quality but it all fell apart. Definitely because we changed ownership.
And now instead of adding key signings we’re literally building the whole thing up from scratch. And that is costing us more money than getting those quality key signings quality years ago.
So money definitely isn’t a problem. We have money. We are financially secure. We aren’t making a loss. We’re just bad at using that money.
He spent last 6 months looking for investors and collected 0€. He has to say things like this and hope he will manage to find an investor in the next few years. It is pretty simple, Redbirds position st Milan is not that much different to Yonhong Li, he can lose all of it.
“Being profitable brings success on the pitch” – i.d.i.o.t detected. Good results on the pitch come first, everything else follows including financial gains. I work for a lumber company and focus on making the company profitable first because being profitable brings success in operations. Yes, sounds like something an i.d.i.o.t would say 24/7.
Without success on the pitch why would anyone invest on a squad that doesn’t win or not able to play in Eu comps? We are 8th in the league that we haven’t been 6-7 years ago and sacchi says there’s positive? . Instead of the stadium why not strength the team with top coach and players that have quality. The price range has to change these prices are outdated in today’s market its expensive but with a plan you can make it. If the team continues like this i don’t see any investor would want to put a lot of money and im pretty sure fly Emirates and every other investor we have they either leave or extend the deal with lesser money because the team isn’t profitable because of the poor results with us making new stadium would see us bringing mostly free players or loaned players without even with option to buy
The greater investment of all, number 1* is to invest on the right people!
Starting with:
-Management (and +)
-Coach and others
-Players
Basically you NEED to have the structure sound and strong before you focus on WANTS!
I don’t see the problem with having financial safety and thinking on being sound, but when you had a director like MALDINI and you show him the door for a reason that was not a clear answer to what they answered it’s not good.
Having the possibility to sign a coach that will most likely bring you to succeed, like CONTE, it’s also a big mistake in so many levels. I don’t want to even start making calculations as I know I am good at it but, I tell to those who love the club that you would have saved more by getting him as you wouldn’t have deprivation of players values. Same thing goes with selling of TONALI, CDK.
I have to also admit that they also brought in good players but the rate of success between good deeds and bad ones it’s waiting more on the negative side.
I only wish, as now is the wishing holidays season that we get back people who can carry when wait as leaders and mentor. It is not enough to have people who have been great as players, you need those who can give and transmit serenity and happiness.
Merry Christmas 🎄🎁, to Club and supports🫶
Jerry is not Italian-American, he was born in Philly. He’s as Italian as Pizza Hut. He’s been saying this kind of sht for over a year to whoever is listening and so far it’s a catastrophe. No trophies, no sporting results, no investors, no stadium and an extension of the debt to continue paying interests to Elliott. He’s the grinch to all Milan tifosi.