Elliott management corporation have already invested a huge amount into ac milan to help them become financially stable but they are unlikely to stop there. Rumours have long since circulated surrounding blue skye the lesser known company that played a huge part in elliott management s takeover of ac milan.
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Scaroni also had dealings with elliott management as far back as 2015 meaning that the company was familiar to him well before they seized control of ac milan.
Elliott management ac milan. Is set to take full control of italian soccer club ac milan after its chinese owner failed to repay debt owed to the u s. They want to make long term investments in promising and talented young players occasionally. Investor by friday s deadline according to.
According to milannews elliott s recruitment strategy has been clear from the start. The former captain of ac milan and italy wanted the head of the london office of elliott management the 38 2bn hedge fund founded by his us billionaire father paul to open his cheque book. Milan elliott management has promised to inject 50 million euros 66 million in capital after taking over italian club ac milan.
Former owner li yonghong missed friday s deadline to repay. In fact the american hedge fund continue to show their willingness and. Hedge fund elliott management said on tuesday it has assumed control of indebted italian soccer club ac milan and will inject 50 million euros 44 2 million to help stabilise the club s.
It seems the days of presuming that elliott management would look to sell ac milan on as soon as possible are over. Supporters of the club may not realise.
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