PIF Archives - The Cult of Calcio

Milan might eventually face some punishment for the ongoing probe about their ownership structure, but not in the short term.

Milan Not Expected to Be Disciplined Anytime Soon

March 15, 2024 Enrico Passarella AC Milan, Italian Football, Serie A, Serie A 2023-2024

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.

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.

Zlatan Ibrahimovic has suggested Milan onboard a new sporting director he’s familiar with, Jovan Kirovski, who previously helmed the Los Angeles Galaxy.

Ibrahimovic Wants Milan to Appoint Ex-MLS Executive

March 11, 2024 Enrico Passarella AC Milan, Calciomercato, Italian Football, Serie A, Serie A 2023-2024, Transfer Market

Zlatan Ibrahimovic has suggested Milan onboard a new sporting director he’s familiar with, Jovan Kirovski, who previously helmed the Los Angeles Galaxy. The official brought the Swede to the MLS back in the day. The two have been tight ever since.

Milan are keeping things close to the vest and downplaying the chatter publicly, but Gerry Cardinale is getting busy finding a minority shareholder

Milan Owner Cardinale Reporteldy Courting Investors

March 7, 2024 Enrico Passarella AC Milan, Italian Football, Saudi Arabia, Serie A, Serie A 2023-2024

Milan are keeping things close to the vest and downplaying the chatter publicly, but Gerry Cardinale is getting busy finding a minority shareholder who could contribute to repaying the vendor loan granted by Elliott during the sale of the team.

Serie A President Responds to Recent Dig by PIF Partner

November 15, 2021 Enrico Passarella AC Milan, Inter Milan, Italian Football, Newcastle United, Serie A

The Saudi Public Investment Fund considered acquiring an Italian team, but they had some issues with Serie A. Their partner Amanda Staveley, who now co-owns Newcastle, took a shot at the league, but president Paolo Dal Pino quickly came to its defense.

Inter are inching closer to bringing back Romelu Lukaku, but Giuseppe Marotta stated it will not happen today. The executive discussed several topics.

Inter CEO Marotta Denies Rumors of an Imminent Arab Takeover

October 25, 2021 Enrico Passarella Inter Milan, Italian Football, Serie A

After acquiring Newcastle, the Public Investment Fund has been heavily rumored to have set their eyes on Inter. CEO Giuseppe Marotta addressed the matter before the clash with Juventus, indicating that an ownership change does not appear to be in the cards at the moment.

Tag: PIF