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Summer Transfer Window 2017

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Here you go lads, wish we had them as well.

The owner has a fortune of €500m

In order to finance the takeover, Li received support from US hedge fund Elliot.

Elliot handed over nearly half of the sum needed to take over Milan - some €300m - which must be paid back by October 2018.

However, that sum of money came with an 11 per cent interest rate, meaning an additional €30-35m - as well as a €15m arrangement fee - will reportedly need to be paid back to Elliot.

It is believed that Li will greatly struggle to repay the money through Milan revenue alone, with the club reportedly losing between €70-80m per year. Milan lost €180m between 2014 and 2015.

Pure Malaga.
 
Here you go lads, wish we had them as well.

The owner has a fortune of €500m

In order to finance the takeover, Li received support from US hedge fund Elliot.

Elliot handed over nearly half of the sum needed to take over Milan - some €300m - which must be paid back by October 2018.

However, that sum of money came with an 11 per cent interest rate, meaning an additional €30-35m - as well as a €15m arrangement fee - will reportedly need to be paid back to Elliot.

It is believed that Li will greatly struggle to repay the money through Milan revenue alone, with the club reportedly losing between €70-80m per year. Milan lost €180m between 2014 and 2015.
...that's gonna end well lol
 

Elliot funding who loaned the money is also known as "vulture funding" as it renowned for loaning money to failing businesses before....well it's obvious,
If I were an AC Milan supporter, I might be a little concerned if my club's owner was accessing capital from a vulture fund (given vultures' propensity toward carrion lol)
 
Here you go lads, wish we had them as well.

The owner has a fortune of €500m

In order to finance the takeover, Li received support from US hedge fund Elliot.

Elliot handed over nearly half of the sum needed to take over Milan - some €300m - which must be paid back by October 2018.

However, that sum of money came with an 11 per cent interest rate, meaning an additional €30-35m - as well as a €15m arrangement fee - will reportedly need to be paid back to Elliot.

It is believed that Li will greatly struggle to repay the money through Milan revenue alone, with the club reportedly losing between €70-80m per year. Milan lost €180m between 2014 and 2015.

The deal for kessey was a 2 year loan aswrll which is a bit strange.
 
Here a thought, City can buy players before TW opens and announce them unlike us for 1 main reason, no bugger is gonna go....O I want him I'll match the offer and give the player more. So for us what the point in saying the deals done when in truth it ain't done till the windows open an the paper work is in
 


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