CorSera: Elliott unwilling to accept Maldini’s renewal demands – the situation

By Isak Möller -

Paolo Maldini, the current technical director of AC Milan, is yet to renew his contract with the club and the same goes for Ricky Massara. The situation is still looking complicated, as a report explains. 

The renewals have been in the pipeline for quite some time now and an announcement has been expected. However, on the final day of their current contracts, there is still no agreement in sight and the situation is indeed a bit worrying.

According to today’s edition of Corriere Della Sera, as cited by SempreMilan, Maldini recently sent back the proposed renewal to Elliott. In agreement with his lawyer, he made a series of modifications including getting more power than before.

As things stand, the American hedge fund seems unwilling to accept this and therefore, the whole situation could be delayed for several days or even weeks. The Rossoneri currently risk beginning the pre-season (July 4th) without a technical and sporting director.

Tags AC Milan Paolo Maldini Ricky Massara

22 Comments

  1. Becose until the takeover is completed RedBird doesn’t have full decision power still Elliott decides. RedBird doesn’t have the money jet to buy the club. It is real mess.

    1. Some people think that signing the papers to commit to buy the company instantly gives the full control to the new (to be) owners. 😀

    1. Bangke emang, redbird gak punya duit sok2an beli milan, nyari utangan belom dapet, elliot juga ngehe udah bener investcorp yg beli malah dilepas ke redbird gara2 di janjiin duit yg lebih gede

      1. Investcorp malah lebih ga punya duit.

        RedBird sekarang dah ngumpulin 900 juta euro (dapat tambahan 300 juta), 300 sisanya pinjaman ke Elliot tapi kl gagal bayar tinggal saham nya aja sebagian dibalikin ke Elliot.

        Investcorp malah cuma sanggup 600 juta, malah Investcorp mau pinjem bank 600 juta lalu hutang nya dijadikan hutang Milan, enak aja dia yg pinjem tapi Milan yg harus bayar. Sekedar info, Investcorp bukan punya pangeran berduit, tapi cuma lembaga investasi swasta sejenis dengan RedBird.

    2. gini Bro.. RedBird tu cmn pemain kecil yg digandeng Elliot buat ngatrol pnawaran Investcorp (Arab), niatnya ngeprank mlh balik diprank, Arab mundur RedBirdnya kelabakan, skrg betingkah kayak Li Hongyong beli dulu trus nyari utang sana sini, Elliot jg klabakan krn separo skuad utama + direksi minta naik gaji bis dpt skudeto.. jangan lupa owner milan tu lintah darat!

  2. In another news, it is said that Maldini’s lawyers sent revision for the contract to Redbird yesterday. Redbird had received it and then sent the revised draft in the midnight via email. Maldini’s lawyer is currently reviewing the draft.

  3. RedBird finish take over in september. So until now elliot still in leadership. This elliot only want high profit or maximum income by reducing cost since they still have 30 percent stock holder

  4. Where is that dude who forsaw this and was always commenting #renewmaldini and some of you here attacked him……

    Thia what you get when you allow business owners who know nothing about sport fake over a football club.

    They are looking at Milan club as a just another company in the market but they don’t know that the franchise is bigger than bUsiness.

    If Maldini doesn’t renew, I am done with this Milan thing, this is toomuch for my mental state

    1. I told everyone to wait a month or two before commenting how good it is that Redbird bought and not Investcorp. I was praying for those Arabs to buy the club.

    2. Really feel same way.

      Now, the Director’s contract negotiation is this lengthy, I fear when these guys have to approve negotiations reached for our targets, that’s the reason M&M want more powers, cos they’ve seen that these guys are bad at negotiating and not timely in their deliveries.

      Ultimately, they will sign the contracts, but with these bunch of owners, we ain’t seen nothing yet.

    3. Maldini & Masara already renewed

      Now you and that spambots can shut the F up and go to other club. You’re not a Milan fans in the first place. F* outta here 👎👋

  5. if your car is SOLD but the new owner let you use that car for last in couple of days before they take it, will you upgrade the car? or spend some money for it? ..simple logic

    1. And the ownership hasn’t even changed as they have only signed an agreement/obligation to buy. The money hasn’t changed owners and therefore the club hasn’t either.

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