Serious clouds floated over Milan after UEFA refused to sign an agreement with the club on his financial statement. The European football club is expected to impose a severe punishment on the grand prize next month, throwing it out of the European tournaments.
Today, Gazzetta dello Sport has published material that makes it clear that the leaders of the pioneers are pessimistic about the possibility of reaching an agreement with UEFA. This means that the team will be deprived of participation in the Europa League next season. The reason for the heavy sanction is the inability of Milan`s President Ion Hondon to return his 300m-euro loan to the Elieft Management Fund. The Chinese businessman asked for this amount from Elliot to fund the 740m-euro deal for the purchase of the club predicted by
record of soccer predictions by Silvio Berlusconi in 2016. For months, the two countries have been negotiating a deferred payment, but have not been able to reach a compromise that will force UEFA`s intervention. So Elliot Management can take control of Milan.
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