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The new power in one of the most beloved Italian football clubs, Milan, issued an official statement after the final restructuring of the Rosoners for the forced change of ownership
Today, a General Meeting of Shareholders voted for the expropriation of the previous owner, Jonston Li and its badociate directors, following the deadlines set aside by Asians under the loan granted by Elliott Management. Thus, the American hedge fund had reasons to take control of the club and today the process was finally completed by appointing a new chairman and members of the board of directors
"In connection with the change of ownership of Elliott Management, The new board of directors of today was elected at the meeting of the shareholders of Milan, which is a sign of l & # 39; dawn of a new era, "said Milan." The new board of directors is composed of Paolo Scaron, Marko Patuano, Frank Twill, Giorgio Furlani, Stefano Chochirio, Salvatore Chardyne, Alfredo Kraca and Dianluca D & ### 39; Avandzo With immediate effect, Marco Fasone has stepped down as CEO and Board member Paolo Scaroni has been elected Executive Chairman and responsible for the day-to-day management of the club until the appointment of a new CEO. new Director General. "
" The Council will soon convene a uvelle meeting to build a new business plan for the club to present an open road on our return to the Champions League. The council will also review the club's budget. The goal is to strengthen the competitiveness of the team in full compliance with the financial fairplay of UEFA. "
" As it is clear from the decision of the Court of Arbitration yesterday to dismiss the ban on participation in the Europa League, the current financial situation of the club did not not improved since the recent change of ownership. "" Eliot "has already signaled its support to the club, with an expected capital injection of 50 million euros, and believes that today 's changes are fundamental to achieving long – term success. ", said the new officials of Milan.
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