Milan news: Fassone reveals why Rossoneri failed to sign Ronaldo
“At Milan I was in charge of general manager and I do not want to comment on the figures, but if I accepted what Milan proposed, knowing that the agreements were different, I would have given the impression I left with something to hide, the judge will decide at this point.
“Under my management, compared to 2016-17, we have made 20 million more revenues and 50 million more margin. This includes 45 million extraordinary components, paid in full by Elliott, due for 22 million to devaluations of players such as Kalinic and Bacca, for 17.5 million to provisions for me and 5 other managers who left the club and for the remainder to pay the players of the second team, which was abandoned, and to set aside the resources for a possible Uefa fine. Without these 45 million write-downs and provisions, I would have closed the balance with a loss of 81-82 million, which would have been better than the initial business plan of 10 million.
“Mister Li wanted Ronaldo because he believed he had great strength on the Chinese market. The player wanted to leave Madrid, and we met in July 2017 with his attorney Mendes, to check the costs and the availability of the player. Then I persuaded Mr. Li to let go of the dream, because Ronaldo was too expensive.”
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