AC Milan had a positive meeting in Nyon last week with UEFA’s Club Financial Control Body during which they showed off the good work of the project.
MilanNews reports how the meeting in Nyon with the UEFA CFCB commission was a positive one as Milan impressed the governing body with the virtuous nature of their path, which has not undergone any detours despite the pandemic in the 2020-21 season depriving the club of almost €50m in revenues.
No other club is doing what Elliott Management are doing in terms of stabilising the club’s accounts, cutting costs and building revenues, trending in the right direction. It was a demonstration of strength by Elliott in front of the football system, with UEFA now oriented towards a more lenient Settlement Agreement given the economic trends and indications.
The club’s expansion plan is well structured and the idea is that the marketing and commercial area of Milan will keep growing and that will allow more budget to be available to sign the best talented players with greater ease. Growth on and off the field is the mantra, therefore.