New Era at Milan as Ownership and Control of Club Passes to Elliott Advisors Limited

A new phase of financial stability is set to go underway at ​Milan after ownership and control of the holding company that owns the club was transferred to Elliott Advisors Limited. According to ​Business Wire​, the deal to take over the club took place after the previous owner of Milan defaulted on their debt obligations to Elliott, leaving the company with a need to enforce its security interests. The aims for Milan under Elliott are to create strong management and financial security in... Via All the latest breaking football news, transfer rumours, analysis, and match reports - 90min http://www.90min.com/