It comes from a exposed well detailed theinvestigation on sale of the Milan which, in these hours, is engaging men from the Currency unit of the Finance Guard, by order of the attorney di Milan, in some acquisitions.
Milan Investigation, Blue Skye's Complaint Against Elliott and Cardinale
From what has leaked out theexposed, which had already triggered a civil action, concerns the 'battle' between Blue Sky, the former minority shareholder in the management of the Rossoneri club, and the majority shareholder Elliott and the change of ownership to RedBird di Gerry Cardinal.
The 2017 Partnership and the Unfulfilled Pledge
In 2017 Blue Sky and the group Elliott they enter into a partnership that concerns the Rossoneri club: Rossoneri Sports acquires almost all of the share capital of the Milan through a loan received from Project RedBlack, of which he is a minority shareholder Blue Sky and the majority shareholder is the group Elliott.
The pact is also 'settled' by a pledge which is not honoured, according to what emerges from the report, with the choice of Elliott to sell to RedBird, a choice that would guarantee the US fund to retain a stake in the football club, to obtain a capital gain in the event that the club is put on the market and to continue to have a say in the company Serie A.
The sale has been decided “acting in a manifestly abusive and fraudulent manner” according to the former minority shareholder who complains “a significant distracting act (waiving the pledge and part of one's credit towards Rossoneri Sport)”, so that Blue Sky she also turned to justice in Luxembourg and in United States complaining about the fraud he had suffered.
In short
The investigation into the sale of AC Milan stems from a detailed complaint, which is currently being conducted by members of the Guardia di Finanza's Currency Unit, on orders from the prosecutor's office in…
- AC Milan Investigation: Blue Skye's Complaint Against Elliott and Cardinale. According to leaks, the complaint, which had already triggered a…
- The 2017 Partnership and the Unfulfilled Pledge In 2017, Blue Skye and the Elliott Group entered into a partnership that…
- The pact is also 'welded' by a pledge that, according to what emerges from the complaint, has been broken with Elliott's choice...
Key questions
What is the main point of the news?
The investigation into the sale of AC Milan stems from a detailed complaint, which is currently engaging members of the Guardia di Finanza's Currency Unit, on…
Why is this news relevant?
AC Milan Investigation: Blue Skye's Complaint Against Elliott and Cardinale. According to leaks, the complaint, which had already triggered a…
Which detail helps us understand the case better?
The 2017 partnership and the unfulfilled pledge In 2017, Blue Skye and the Elliott Group entered into a partnership involving the Rossoneri club:…
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