After the extension of the vendor loan, AC Milan will hold a shareholder meeting later this month to discuss the expansion of the board.
On the management level of Milan, it has been quite a hectic 12 months. Not only have there been several suggestions that Gerry Cardinale is looking for investment, but there have also been reports claiming that he has looked to sell the club completely.
At the time of said reports, there was a quick response from RedBird, and Cardinale offered the biggest show of his plan most recently, extending the vendor loan on the club.
It has not helped his relationship with the fans yet, though, and the American was left frustrated by recent protests.
He remains focused on doing the best for the club, and this is why he extended the vendor loan.
As a result of the extension though, the Rossoneri will now hold a board meeting to expand the board to 12 members, according to Gazzetta dello Sport. It is reported that another Singer representative will be added to the board, after the refinancing.
Currently, the Elliott Group only has one member on the board, albeit, as Gazzetta states, a ‘heavy one’ the fund would now like to add another, which it is entitled to do.
Sudah layaknya Si Amerika menjual semua saham Milan. Beliau Tidak Layak menjadi Pemilik Milanisti. Karena beliau pelit membeli pemain berkualitas. Milan Memenangkan piala super Italia dengan kemenangan beruntung. Walaupun pelatih adalah sang juara,tapi tidak di dukung membeli pemain dari manajemen. Sama saja hasil seperti arsenal
“He remains focused on doing the best for the club, and this is why he extended the vendor loan.”
No, he extended the vendor loan because he didn’t find an investor in his Milan project. Even you were writing about his unsuccessful pilgrimage to Middle East. If he didn’t extend the loan the club would have gone back to Elliot. It is pretty simple.
Why did he come take the club if he didn’t have the money for it. Trying to get others to pay for his debts, typical western capitalist business model.