Serie A 2017/18 (16 Viewers)

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tosh_rose

Senior Member
Aug 21, 2010
1,440
Owner of Euro giants in bizarre plot to finance club using Bitcoin
Date published: Monday 26th March 2018 10:12

The owner of AC Milan, Yonghong Li, tried to refinance the club using the online cryptocurrency Bitcoin, according to reports from Italy. Italian newspaper La Repubblica claims that Li, who acquired Milan from Silvio Berlusconi in a controversial sale last summer, is desperately looking for a financial solution.

Doubts have reportedly surfaced regarding the Rossoneri’s finances, with the club needing to find €10m before Elliott Management steps in, according to Corriere della Sera. The deadline was meant to be on Friday for the Rossoneri president to pay the missing €10m to complete the capital increase.

The report states that club’s Board of Directors will wait until April 4 to see if Li can find the money, or alternatively a new bank bond. La Repubblica state that Li attempted to refinance the club via the online currency service Bitcoin, but the proposal was rejected.

Milan apparently need to find €35m by June 30 to simply stay afloat and register the 2018/19 Serie A season.

http://www.teamtalk.com/news/owner-of-euro-giants-in-bizarre-plot-to-finance-club-using-bitcoin
 

Powis

Senior Member
Dec 9, 2009
8,205
Hackers 'steal €2m from Lazio’
By Football Italia staff

Hackers have reportedly stolen the final €2m that Lazio owed Feyenoord for defender Stefan de Vrij.

According to Il Tempo, Lazio were the victims of a scam, falling for an e-mail that included Feyenoord’s badge and written as if it had been sent by the Dutch club.

The newspaper reports the Aquile made the transfer using the bank account details supplied, only to later discover the Eredivisie champions did not receive the funds.

Furthermore, the money would have been rerouted into the hands of the said hackers as the IBAN number had been changed.

Il Tempo concludes the prosecutor handling the case had managed to track down the payment, finding it in the hands of a Dutch bank.

The 26-year-old joined Lazio in 2014 but will leave for nothing this summer after failing to extend his contract.

oh my, must be official if the email had the badge in it :D next thing we know, Lazio will apply to receive the inheritance of a recently passed away Nigerian prince :p
Watch Lotito say now "Savic costs 102 million"
 

Quetzalcoatl

It ain't hard to tell
Aug 22, 2007
65,499
Suning Group would gladly sell Inter, claims the Corriere della Sera newspaper, but nobody is ready to pay €600m for the club.

The rapport between Chinese giants Suning and Inter has been gradually deteriorating, as Financial Fair Play issues and the failure to qualify for Europe saw them tighten the purse strings.

Today, technical co-ordinator Walter Sabatini terminated his contract by mutual consent just hours after Fabio Capello quit as Coach of their other football club, Jiangsu Suning.


According to the Corriere della Sera, Suning Group chiefs would sell Inter and move on to other projects, but it will be extremely difficult to find someone ready to pay €600m.

The Chinese conglomerate bought the club in June 2016, owning 68.55 per cent of the shares, while Erick Thohir remains President with 31.05 per cent, despite having very little to do with the running of the side or Suning.
 

Cerval

Senior Member
Feb 20, 2016
26,829
Suning Group would gladly sell Inter, claims the Corriere della Sera newspaper, but nobody is ready to pay €600m for the club.

The rapport between Chinese giants Suning and Inter has been gradually deteriorating, as Financial Fair Play issues and the failure to qualify for Europe saw them tighten the purse strings.

Today, technical co-ordinator Walter Sabatini terminated his contract by mutual consent just hours after Fabio Capello quit as Coach of their other football club, Jiangsu Suning.


According to the Corriere della Sera, Suning Group chiefs would sell Inter and move on to other projects, but it will be extremely difficult to find someone ready to pay €600m.

The Chinese conglomerate bought the club in June 2016, owning 68.55 per cent of the shares, while Erick Thohir remains President with 31.05 per cent, despite having very little to do with the running of the side or Suning.
 

Mr Chocolate

Rubba Band Business
Dec 23, 2012
6,676
Donna is very overrated player.
:agree: we have two superior goalkeepers atm, even Milan fans don't think he is that good, plenty of time to grow but just because somone is a good player at such a young age doesn't mean they will continue to improve at such a rate. I mean he could be top 10 gk in the world and still not be the next Button, you arnt replacing a world class goalkeeper, your replacing the greatest of all time (top 3 at least)
 

JCK

Biased
JCK
May 11, 2004
123,472
Suning Group would gladly sell Inter, claims the Corriere della Sera newspaper, but nobody is ready to pay €600m for the club.

The rapport between Chinese giants Suning and Inter has been gradually deteriorating, as Financial Fair Play issues and the failure to qualify for Europe saw them tighten the purse strings.

Today, technical co-ordinator Walter Sabatini terminated his contract by mutual consent just hours after Fabio Capello quit as Coach of their other football club, Jiangsu Suning.


According to the Corriere della Sera, Suning Group chiefs would sell Inter and move on to other projects, but it will be extremely difficult to find someone ready to pay €600m.

The Chinese conglomerate bought the club in June 2016, owning 68.55 per cent of the shares, while Erick Thohir remains President with 31.05 per cent, despite having very little to do with the running of the side or Suning.
I don't know what to make of this.
 

Elvin

Senior Member
Nov 25, 2005
36,819
Owner of Euro giants in bizarre plot to finance club using Bitcoin
Date published: Monday 26th March 2018 10:12

The owner of AC Milan, Yonghong Li, tried to refinance the club using the online cryptocurrency Bitcoin, according to reports from Italy. Italian newspaper La Repubblica claims that Li, who acquired Milan from Silvio Berlusconi in a controversial sale last summer, is desperately looking for a financial solution.

Doubts have reportedly surfaced regarding the Rossoneri’s finances, with the club needing to find €10m before Elliott Management steps in, according to Corriere della Sera. The deadline was meant to be on Friday for the Rossoneri president to pay the missing €10m to complete the capital increase.

The report states that club’s Board of Directors will wait until April 4 to see if Li can find the money, or alternatively a new bank bond. La Repubblica state that Li attempted to refinance the club via the online currency service Bitcoin, but the proposal was rejected.

Milan apparently need to find €35m by June 30 to simply stay afloat and register the 2018/19 Serie A season.

http://www.teamtalk.com/news/owner-of-euro-giants-in-bizarre-plot-to-finance-club-using-bitcoin
:lol:
 
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