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  • Milan: As Bee's star wanes, US investment fund steps in

    Milan: As Bee's star wanes, US investment fund steps in

    • Edo Dalmonte, @edodalmonte
    Milan have problems everywhere at the moment. The team is poor on the pitch, off the pitch Sinisa Mihajlovic, Adriano Galliani and Silvio Berlusconi are all under pressure for the team's current predicament. Even the transfer market is stuck in the mire, with the team having already spent close to 90 million in the summer. 

    Oh, and the Mr Bee situation isn't exactly rosy. Previously on the brink of buying 48% of the club's shares, negotiations have stalled, due in part to the crisis that has hit Asia's markets. Silvio Berlusconi is looking for a new ally to help him run Milan. 
    As MilanoFinanza writes, a US investment fund, Madison, has stepped in again. Having already negotiated with Silvio Berlusconi's Fininvest group for Milan, Madison are willing to accept the Cavaliere's conditions, and 48% of the shares.

    One thing: unlike Mister Bee's backers, the US fund only values Milan at around €600, 650 million. Very much inferior to the €1bn estimate Berlusconi's put on the club. 

     

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