AC Milan’s recent representation at the Expo in Dubai certainly serves as a chance to raise the visibility of the club’s brand, and it could have an important role for the future too.
As highlighted by the Football Money League, an annual report drawn up by Deloitte, Milan have raised their revenues to €216m as of 2020-21. Elliott Management have done some exceptional work, and as our colleagues at SempreMilan.it report, they may now be thinking of a sale.
Milan are ‘healed’
According to the report, the Rossoneri occupy 19th place in the ranking among clubs in Europe for revenue. As today’s edition of Tuttosport explains, this is a positive result that certifies the extraordinary work done by Elliott who can now also think about a future sale.
By nature, an investment fund does nothing but acquire an indebted company or club – such as Milan – then remove their debts and improve their financial accounts before reselling at a higher price than what they paid.
The American fund have invested over €750m into Milan, which is a huge amount but one which could be tripled – if not even more – by those who one day want to acquire the club.
Rossoneri in Dubai
The presence of a large Rossoneri delegation including Stefano Pioli, Fikayo Tomori, Brahim Diaz and Paolo Maldini plus CEO Ivan Gazidis before have been guests in Dubai, to promote the club’s brand at the Expo.
It is a promotional visit but one that could however open up new possibilities, and who knows if the next owner of AC Milan might not come from the United Arab Emirates.
Elliot did nothing,they were just lucky that maldini did exeptional work with their poor investments and bought players that now has price 3x bigger than they pay for them.These players also get us to the tittle battle.Now imagine what would PSG done with maldini instead of that dickhead leonardo who only know to pay ‘big stars’ 5x more than they deserve
Keep thinking what you want lol. They brought us from the depth of mediocrity and debt under Chinese owner and you say they did nothing? Plastic fans at its finest lol
Interesting logic. Why not imagine what Milan and Maldini would have done with PSG’s money? All Elliott did was hire Gazidis, Maldini and Massara, because to my knowledge they did not work there before Elliott bought the club. In fact, Maldini had refused to come and work for the club until Elliott because he did not think the prior owners were “serious” enough. So if you think so highly of Maldini put that in your pipe and smoke it.
You’ve said it all. Maldini did an extraordinary job at Milan, but as usual, management take the credit.
Well said. We are know Elliot didn’t want to have Milan at first. But they help we healed significantly. I hope they will sell Milan to the right investor that help us grow further
Is Abrahamovic available???
Good option
You Milan supporters continue to be absolute GARBAGE. There is ZERO benefit for you whether Milan is “debt free” or not. Elliot is just holding your club hostage until they can get a good offer, it won’t matter if that offer comes from a terrible new owner or a Middle Eastern Prince. But being happy about Elliot being cheap and not spending money on players in order to be “debt free” is one of the most pathetic things I’ve ever seen in sports. Milan fans just seem so desperate to be relevant that you believe anything Elliot tells you just because they’ve put together an average squad in a HORRIBLE version of Serie A. Fans should not care about “debt free” fans should ALWAYS pressure ownership to spend money to improve their squad. Worrying about debt and sales instead of about winning and losing is just so so sad. Get it together.
Elliot being cheap and not spending money ? Says garbage couch fan. You are free to send them offer for a club and do as you please. 🙂
You are a fucking moron. Do you not know that Milan is under an FFP Settlement Agreement? We could literally get banned from European competition for breaching it. Then how do you raise revenue and attract players? How do you run a club that’s 100s of millions in debt? Why do you think certain clubs are crying about a Super League? Football finances are fucked, but at least Milan is showing how it could be done, even if Elliott’s ultimate goal is a sale. The point is that it’s possible and any long term owner could (and should) choose to operate in the same way, as should every club on the planet. No real business can be run the way football clubs are run. Educate yourself before you open your mouth. There’s too many people needing to learn this lesson in the world.
https://www.gazzetta.it/Calcio/Serie-A/Inter/01-03-2022/uefa-scrive-inter-milan-fairplay-finanziario-non-rispettato-4301647207503.shtml
The only garbage is that which comes out of your moron mouth. Milan is under an FFP Settlement Agreement, which they’re technically in breach of, by the way (see link below). How do you make money to attract players if you’re banned from European competition? Elliott is showing the world how to run a club sustainably, even if their ultimate goal is to sell. If all club owners did the same thing we wouldn’t be talking about a Super League or debt or whatever. Clubs wouldn’t fold and go down to Serie D. The ability for certain owners to just inject money into clubs regardless of debt to revenue ratios is absurd and partly what is ruining football, as there are only a handful of them that can actually do this, nevermind that if flies in the face of Business 101.
gazzetta.it/Calcio/Serie-A/Inter/01-03-2022/uefa-scrive-inter-milan-fairplay-finanziario-non-rispettato-4301647207503.shtml
100% agree.
What you described is not fans but a baby who just wants its candy and won’t stop whining till he/she gets it. Most Milan fans are adults.
Everything is important in life. Your argument is one-sided and considers just what life ought to look like from a certain type of fan’s view. Well, not all fans are like that given that for certain fans, and I happen to be one of them, the bigger picture is more important and given all the financial rules that can trigger official reprisals from the relevant authorities, it does make a lot of sense to really have a very sound financial management. Yes, it would mean that for a while, a team might stay in the shade. Elliot brought to the club a very sound management. We had been buying old glories with an expired tag over their heads, players nobody wanted. Now we are more into weighing potential far more seriously and the squad is one of the youngest around. It is also rising. All it needs are just 4/5 world class players because the support is all there on the pitch. It is nothing compared to AC Milan in their glory of course. To AC Milan fans, it’s really not in winning the league where it’s at. That is just a stepping stone. What we want is the Champions’ League and I am sure the club is pointing its energies to that title but first must resolve the mess within Italy, which, admittedly it is succeeding slowly to do. Elliot is making the club more valuable and quality in that sense means points on the table. Considering that with 8 games to play they are 3 points up on their nearest rivals, I think the owners have an argument there in their favour. They may not win the league, but more importantly is how to strengthen the squad for the forthcoming Champions. If one does not have a sound club financially, you can say bye bye to buying the best and pointing for the highest. We have the least expenses amongst the biggest clubs in Europe. Making Euro 200+ a year is nothing to shout about. We need to be making E1B+ annually. That could come about but it depends on many things. Still, we might get a bit of silverware this year. We do not need to win every year. We just need to win, say the Champions 2/3 times every 10 years. And on that level, which is the level that is important to us fans, there is nobody in Italy who has done better. Or to say it in another way: Only Real Madrid has done better in all Europe. So take it easy mate. Even if we win nothing, we are relevant, because when one visits our club one sees 7 big ones, 3 on either side and 1 in the middle. Try to match that with whatever team, your and your like minded buddies fan for. I hope you have a very relevant team. I hope for your sake it is not Juventus, who are just a league machine in Italy and an absolutely abject failure in Europe.
The only garbage is that which comes out of your moron mouth. Milan is under an FFP Settlement Agreement, which they’re technically in breach of, by the way (see link below). How do you make money to attract players if you’re banned from European competition? Elliott is showing the world how to run a club sustainably, even if their ultimate goal is to sell. If all club owners did the same thing we wouldn’t be talking about a Super League or debt or whatever. Clubs wouldn’t fold and go down to Serie D. The ability for certain owners to just inject money into clubs regardless of debt to revenue ratios is absurd and partly what is ruining football, as there are only a handful of them that can actually do this, nevermind that if flies in the face of Business 101.
https://www.gazzetta.it/Calcio/Serie-A/Inter/01-03-2022/uefa-scrive-inter-milan-fairplay-finanziario-non-rispettato-4301647207503.shtml
As much as I like success..I don’t want us to become an oil club.
I would still watch and support us and cheer for the success, but I don’t want our next owner to come from UAE.
Just sell the club to someone else, but keep the current Maldini-Massara-Moncada group to manage the team.
We just want our club to be competitive in Europe again, it doesn’t matter if it becomes an oil club
The most important thing that Elliott has done is to work with Paolo Maldini, give him the blueprint & let him modified it.
Even if it’s UAE just keep the trio group
I hope the Singers stay on. Gordon Singer is a Milan fan and Elliott have proven to be a very capable holding company. Maybe they are shopping for minority owners. Adding investors is perhaps a sign of increased investment in the club.
How I wish Abramovich buy AC Milan.