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  • Galliani ignores shareholder concerns about Milan sale

    Galliani ignores shareholder concerns about Milan sale

    It has emerged that Milan CEO Adriano Galliani suspended the meeting at 1005 GMT, essentially refusing to answer a series of searching questions made by the representative of the minority shareholders, Giuseppe La Scala.
     
    “The questions are not pertinent to the day’s business, this meeting is not the place for mediatized arguments. This discussion is over”.
     
    With Barbara Berlusconi on maternity leaveGalliani was left to brave 10 questions made by La Scala alone.
     
    Below we translate the most important ones:
     
    1) Among the investors we’ve finally been made aware of, are the three entities controlled by the Chinese government still present?
     
    2) Is the transfer of the moneys being delayed by bureaucratic reasons, or do the potential buyers have other reasons for delaying it?
     
    3) Has it been confirmed that the investors have rounded up the sum necessary to buy out the club?
     
    4) Will the buyers still be obliged to invest in the club, following the new agreement reached by both sides delaying the closing?
     
    5) Can you categorically exclude that any of the above clauses have been modified or cancelled?

     

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