Milan might eventually face some punishment for the ongoing probe about their ownership structure, but not in the short term. The inquiry was born from ordinary justice. The detectives will need to prove they have enough evidence to support their accusation. It might take an entire trial, which could last years, La Gazzetta dello Sport informs.
Unlike other circumstances, what has been found so far isn’t damning. The investigators started from a suspicion that needs to be properly corroborated to hold up in court. There are no revealing wiretaps.
The Milan DA’s office believes Elliott still controls or, to the very least, can still generate profit from the club despite selling it two years ago. They are looking for the person who might be brokering the deal with PIF regarding a minority stake.
The Italian FA will start looking into the matter but doesn’t have many instruments. It generally acts swiftly only if there’s a smoking gun or a confession that leads to a plea bargain. It’s improbable that it will emerge in the next three months. The season technically ends on June 30th. The repercussions, if any, will only be down the line.
Milan CEO Giorgio Furlani spoke on the matter to Sky on Thursday.
“The investigation is ongoing. As we said a few times, the club belongs to RedBird Capital. The authorities can investigate. We collaborated and are available for anything. We’re focused on doing our job and making the team successful.
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