AC Milan are entering into a new era after the arrival of new owners from China.
After having been in charge of the Italian outfit for more than two decades, former Italy president Silvio Berlusconi has quit his role. He has been able to sell Milan for around £600 million, while the new owners will be inheriting the sizeable debt along with the prestige of the club itself. The new Chinese owners have promised significant investment into the playing squad. Berlusconi has severely restricted the transfer expenditure over the last decade or so. This has led to the club dropping down the Italian Serie A table to the point where they have not qualified for the European competitions in the last couple of years.
The primary task for AC Milan’s new owners will be to revive the glory days. It is easy said than done, but it seems that they have placing their faith in the management of Vincenzo Montella. For the time being, the former Fiorentina boss has received the backing from Milan’s new owners. Read more… »