Gerry Cardinale landed in Italy on Monday and he held a ‘very important’ meeting with the AC Milan management regarding the summer transfer window, a report claims.
Calciomercato.com confirm the report that first came from Sky last night claiming that Cardinale was in Italy and that he had spoken with the Milan directors in what was described as a ‘marathon meeting’ about strategy for the days and weeks to come.
Cardinale ‘landed in great secrecy’ but was already in Europe for other business and chose to add a quick visit to Milano to his agenda. At around 1pm he met with Paolo Scaroni, Giorgio Furlani, Zlatan Ibrahimovic and Geoffrey Moncada and it lasted for several hours.
The main topic of discussion was obviously the mercato and the various negotiations that are ongoing, but there was also an outlining of the programme for the season, one which sees Milan celebrate their 125th anniversary.
Calciomercato.com add that the management have asked for further margins on the budget to be spent on signings. The vision will remain to focus on the signing of young and talented players to develop, but some experienced profiles can arrive if they are the right ones, like Alvaro Morata.
To be frank, not expecting much from this clown and his puppets.
I only expect a stadium.
Directors: Your highness, we’re on the edge signing couple good players for mil away. Sire?
Card: I got issues, but you got ’em too
So give ’em all to me, and I’ll give mine to you
Bask in the glory of all our problems
’Cause we got the kind of love it takes to solve ’em
I decided to do a little research into Inter’s recent chairman, Steven Zhang, to see how he’s helped them get to where they are today…
Born on 21st December 1991, Zhang is not your typical predatory American banker who only cares about the Benjamins. In fact, being Chinese meant he was never really interested in making money at all and from an early age his only true passion in life was football -specifically Inter Milan. Zhang has bled blue and black from as long as he can remember and, despite living in Nanjing, China, his parents would frequently whisk him out of school and fly him to the San Siro in time for afternoon kickoff.
During his adolescence, Zhang’s dream evolved into one day becoming chairman of Inter Milan. At first, he figured the best way to achieve this would be to start at the bottom and work his way up, and he applied for numerous jobs at the club – from groundsman to janitor to masseuse – but was rejected every time thanks to his poor Italian. (The most he ever learned were two words: “Forza” and “Inter.”)
After leaving school and with no prospects in sight, Zhang somehow found himself enrolled at the University of Pennsylvania, studying for a bachelor’s degree in economics. His disdain for wealth and material possessions, though, meant that he was regarded as something of an oddball among his peers for refusing to drive to class and instead choosing to walk the 15km each way barefoot while wearing an itchy cloth tunic (with blue and black stripes, naturally). This made him the butt of many a joke, but he did possess a certain aptitude for finance and months after graduating found himself working in mergers and acquisitions at Morgan Stanley.
Unlike Cardinale and Redbird, Zhang remained deeply committed to not making any money, but somehow it just kept happening, against his will. Before he knew it, he was president of the investment firm Suning International – ranked second among the top 500 non-state-owned enterprises in China with annual revenues of over 5 billion – and a billionaire himself.
As luck would have it, all of the wealth accrued from Zhang’s investments meant that he was able to finally realize his dream of owning Inter, and on October 17, 2018, Zhang was unveiled as their new president, wearing Javier Zanetti’s famous #4 shirt and struggling to hold back tears. Zhang’s words to the press (in fluent Chinese) resonated with Inter fans all around the world:
“Yes, officially I am an investment banker, a capitalist, a businessman. Yes, I have fast cars, yachts, beautiful women, millions in the bank, have been featured in Fortune China magazine’s ‘40 Under 40’ list for the last two consecutive years, yadda, yadda, yadda. But first and foremost, I am an Interista. Every penny I ever made was only in order to get where I am today – a part of my beloved club. Yes, I admit I sometimes get caught up in the headlines. I get caught up in the emotionalism. But this is just because I care.”
A reporter piped up with a question about Inter’s rivalry with Milan, to which Zhang replied:
“To be honest, I laugh at Milan. What they’re doing now has nothing to do with sport. They’re following YMCM (Yankee Moneyball Cowboy Model) – and have become a dirty, cheap, generic entertainment outfit, buying low to sell high. The McDonalds of football. In contrast, I care about the legacy of the blue and black. I believe football is about more than turning a club into a juicy cash cow. I believe sentimentality is more important than efficiency. I believe emotion is more important than reality. But Milan fire their legends and sell their top assets on the field. And what do they do with the money? They’re not interested in winning or doing the required work to grow their competitiveness.”
When the reporter added that Milan spent about 100 million on new players last season and are due to spend a similar amount this season, Zhang announced he was late for lunch with the team and graciously exited.
Well it’s all a bit of a mess with these finance guys eh.
Li defaults to Elliot
Zhang defaults to Oaktree
Redturd take over from Elliot (but still owe them 600m)
China owns over a Trillion $ of U.S debt
Who owns who?
Well since China’s economy is clearly dependent upon American purchasing power I’d say Oaktree own Inter and Redbird Own Milan.
“They’re following YMCM (Yankee Moneyball Cowboy Model) – and have become a dirty, cheap, generic entertainment outfit, buying low to sell high. The McDonalds of football.”
Nailed it.
And I do wonder where you lot get the idea of having 80-100 million budget allocated. Last time I checked they were stuttering over Morata’s 13 million clause and wanted to pay in installments.
The budget was never 100m euro .It is just still same with maldini – massara budget 50-60m euro + sale player. They count CDK and salad sale in budget but infact atalanta pay in 2025 for CDK while saladmaker still not yet moving to other club. 50m euro – 13m euro from morata only left 37m euro , thats why they want pay ATM in 2-3 years instalment but ATM refuse,with 37m euro they still want to buy fofana & pavlovic. For lazar it seems can only be done if they success sell benny to saudi pro league club
Well who still owns a club now?🤐😒
Omg the amount of you that missed the sarcasm 🤣🤣🤣
Mercato budget discussed? seriously?
If there is any truth in that, then we are in trouble
This clown should be banned from Milan. He dared not to put a step in Milan. Destroying a legendary club. He should have bought Roma or other middle to lower tier club. Fraud scammer, just here to make money out of club. Cardinale fanboys are saying he did not take any tonali money… Do you guys not see his agenda?? Stadium, stadium.. He bought milan to build infrastructure and sell at the highest cost. Are we waiting for a new owner to invest in a good squad to win trophies? What are the chances that the stadium will be build before 5 yrs and then to get goof revenue we have to wait 2-3 years. So wait 7-8 years and remaining trophyless. Why we will act according to cardinale’s wish? If he wants to do his project it is his wish but he has to invest in a good squad and not by selling our strong players
Gacv245 well said my brother
You all gotta get over your made up grievances