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Tag: Gerry Cardinale

Paulo Fonseca will not lose his job during the first international break, but the Milan brass is starting to have doubts, and Stefano Pioli looms.

Milan in a Dangerously Intriguing Spot with Coach Pioli

April 5, 2024 Enrico Passarella AC Milan, Calciomercato, Italian Football, Serie A, Serie A 2023-2024, Transfer Market
Stefano Pioli might do it again and be confirmed on the Milan bench despite seemingly having a foot out of the door for a few months. Like in the past, when Ralf Rangnick was very close to replacing him, a stellar finish might help his case.
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The Milan DA’s office has transmitted the paperwork of the ongoing inquiry on RedBird Capital and Elliott to the federal prosecutor.

Federal Prosecutor Gets Documents to Open Milan Probe

March 19, 2024 Enrico Passarella AC Milan, Italian Football, Serie A, Serie A 2023-2024
The Milan DA’s office has transmitted the paperwork of the ongoing inquiry on RedBird Capital and Elliott to the federal prosecutor. He will have up to 120 days to investigate the matter. Then, he'll decide whether it merits a referral or if it shoudl be dismissed.
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Milan officials keep dismissing rumors about selling a stake in the team to PIF, but a document part of the ongoing investigation says otherwise.

Newfound Document Reveals Outline of Milan, PIF Deal

March 13, 2024 Enrico Passarella AC Milan, Calciomercato, Italian Football, Newcastle United, Serie A, Serie A 2023-2024, Transfer Market
Milan officials keep dismissing rumors about selling a stake in the team to PIF, but a document part of the ongoing investigation shows that something could, or perhaps was, in the works in that respect. The Saudi fund alreay owns Newcastle.
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Gerry Cardinale and Zlatan Ibrahimovic don’t want to settle for second place and are ready to make changes to bring Milan to a higher level.

Cardinale and Ibra Looking to Raise the Bar at Milan

March 1, 2024 Enrico Passarella AC Milan, Italian Football, Serie A, Serie A 2023-2024
Gerry Cardinale and Zlatan Ibrahimovic don’t want to settle for second place and are ready to make changes to bring Milan to a higher level: “We’ll explore possible changes in every facet of the club. I prefer to call it an evolution."
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Rafael Leao unveiled his book on Tuesday night and discussed some of the topics included in it, including his decision to sign a new contract with Milan.

Leao Talks Extension, Legal Troubles, and Milan Brass

February 28, 2024 Enrico Passarella AC Milan, Calciomercato, Italian Football, Serie A, Serie A 2023-2024, Transfer Market
Rafael Leao unveiled his book on Tuesday night and discussed some of the topics included in it, as for instance his decision to sign a new contract with Milan after a seesawing negotiation that went on for months: "It wasn't just an economic pact."
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Milan owner Gerry Cardinale invited Inter to join them in the project to build a new stadium in San Donato. The two governors conversed twice recently.

Inter Disinterested in Building New Stadium with Milan

February 19, 2024 Enrico Passarella AC Milan, Inter Milan, Italian Football, Serie A
Milan owner Gerry Cardinale invited Inter to join them in the project to build a new stadium in San Donato Milanese. The two governors conversed twice in the last two months. However, the Nerazzurri haven’t entertained such a possibility at this stage.
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Zlatan Ibrahimovic officially returned to Milan on Monday with a wide-ranging role within RedBird Capital that will expand well beyond the club.

Milan Hierarchy to Use Newcomer as Jack-of-All-Trades

December 12, 2023 Enrico Passarella AC Milan, Calciomercato, Italian Football, Serie A, Serie A 2023-2024, Transfer Market
Zlatan Ibrahimovic officially returned to Milan on Monday with a wide-ranging role within RedBird Capital that will expand well beyond the club. The former superstar will be very involved in the Rossoneri, even though he won’t be present at the training center daily.
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Former Milan director Paolo Maldini has broken his silence about his ousting from Milan in an interview: "Some people are just passing through."

Maldini Discusses His Milan Exit, Cardinale, and Pioli

December 1, 2023 Enrico Passarella AC Milan, Italian Football, Serie A, Serie A 2023-2024
Former Milan director Paolo Maldini has broken his silence about his ousting from Milan in an interview: “I could have spoken from the gut, while time gives you more serenity. Some people are just passing through and don’t abide by the team’s identity and history."
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RedBird Capital announced the appointment of Zlatan Ibrahimovic as a partner across its sports, media, and entertainment portfolio and Milan advisor.

Milan Owner Cardinale Continues to Court Ibrahimovic

November 7, 2023 Enrico Passarella AC Milan, Italian Football, Serie A, Serie A 2023-2024
Milan patron Gerry Cardinale met with Zlatan Ibrahimovic again on Monday, as the Swedish legend was back in Italy for the second PSG clash. Their summit lasted two hours, but it doesn’t look like his return to the club is imminent yet, The Rossoneri want him back.
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Milan bounced back in spectacular fashion after getting dismantled by Inter in the Derby. They have won four games on the trot in Serie A,

Milan Owner Congratulates Team for Display Versus Genoa

October 9, 2023 Enrico Passarella AC Milan, Italian Football, Serie A, Serie A 2023-2024 One comment
Milan bounced back in spectacular fashion after getting dismantled by Inter in the Derby. They have won four games on the trot in Serie A, against Verona, Cagliari, Lazio, and Genoa. They built a two-point lead over their crosstown rivals. Owner Gerry Cardinale lauded the squad and the coach’s resiliency.
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Milan are set for an unusual event for a top Serie A side: closing a balance sheet session in the black, as a board meeting certified.

Milan Achieve Rare Financial Accomplishment for Serie A

September 28, 2023 Enrico Passarella AC Milan, Italian Football, Serie A, Serie A 2023-2024
Milan are set for an unusual event for a top Serie A side: closing a balance sheet session in the black. The Rossoneri had a meeting of the board on Wednesday. The team recorded a €6M profit in 2022/2023. It’s a steep improvement relative to the -€66M in the previous season.
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Cardinale dismissed the chatter about his takeover, which was helped by a vendor loan, and more in the second part of a lengthy interview.

Cardinale Dishes on Takeover, Moneyball, and New Arena

September 15, 2023 Enrico Passarella AC Milan, Calciomercato, Italian Football, Serie A, Serie A 2023-2024, Transfer Market
Cardinale dismissed the chatter about his takeover, which was helped by a vendor loan, and more in the second part of a lengthy interview: "Despite the red tape, I don’t regret investing in Italy. I feel at home here. Data is just one of the instruments in our toolbox."
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