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ITALIAN SERIE A

2017/2018 Season

POS TEAM W D L PTS
5 Lazio 21 9 8 72
6 Milan 18 10 10 64
7 Atalanta 16 12 10 60
View Full Table »

Understanding the mess in Milan

AC Milan
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 By Ben Gladwell

AC Milan officially taken over by Elliott Advisors (UK) Limited

Elliott Advisors (UK) Limited have officially taken control of AC Milan after Li Yonghong's Rossoneri Lux company defaulted on its debt repayment obligations.

The asset management group confirmed the ownership change in a statement on Tuesday, which explained how they have also injected €50 million of equity capital into the Italian club to "stabilise the club's finances."

"Ownership and control of the holding company that owns AC Milan has today been transferred to funds advised by Elliott...

 By Reuters

Hedge fund on path to take over AC Milan after missed loan payment - report

Gab Marcotti explains the saga unfolding at Milan after owner Li Yonghong missed a deadline to repay an investment by Elliott Management.
Radja Nainggolan insists he has joined Inter Milan to win trophies and that he has enjoyed his holidays over watching the World Cup.
A merchandise stall outside the San Siro in Milan.
AC Milan's future is uncertain.

U.S. hedge fund Elliott Management has launched contractual proceedings that could give the investment company the powers to decide the future of indebted AC Milan, a source familiar with the matter told Reuters on Monday.

Elliott gave a financial lifeline to Chinese businessman Li Yonghong last year to complete the acquisition of the Serie A club from former Italian prime minister Silvio Berlusconi.

The fund lent additional money to the team to fund the purchase of players and repay the club's...

 By Reuters

AC Milan may change hands as owner fails to make repayment - report

Gab Marcotti explains the saga unfolding at Milan after owner Li Yonghong missed a deadline to repay an investment by Elliott Management.
Exclusive: UEFA President Aleksander Ceferin tells Gab Marcotti the governing body will do everything to ensure a fair financial playing field.

Indebted AC Milan owner Li Yonghong has failed to repay U.S. fund Elliott for covering an investment, paving the way for legal action that could see the company become the new owner of the Italian club, Reuters reported, citing a source familiar with the matter.

Chinese businessman Li bought the Serie A club last year from former prime minister Silvio Berlusconi and has been injecting money into the club under the terms of the deal.

But on June 22 he failed to pay the remaining €32 million...

ESPN FC  By ESPN

Pepe Reina slams Adidas' World Cup ball after Fernando Muslera's howler

After Fernando Muslera's shocker for Uruguay, Don Hutchinson and Leroy Rosenior dig in to the glaring number of goalkeeping errors at the World Cup.
France may be on to the World Cup semifinals, but ESPN FC's Shaka Hislop can't help but express his surprise at how poorly Uruguay defended.

Spanish goalkeeper Pepe Reina has criticised the balls being used at the World Cup after Fernando Muslera's error led to Uruguay's exit in a 2-0 quarterfinal defeat to France.

France were already leading 1-0 when Muslera attempted to parry Antoine Griezmann's shot from distance, only to see it squirm through his grasp and over the line.

It was only the latest goalkeeping gaffe in a World Cup that's been full of them, with Spain's David De Gea and Argentina's Willy Caballero among those who have...