Milan is in the hands of new owners, with some outside investment, and many around Serie A are wondering what this means for the near-term future of the club. There are debts to repay, but many fans are hoping that significant investments will be made in new players and retaining key members of the current squad. New Milan CEO Marco Fassone gave an interview to Milan TV about the state of the club's finances and what it means for the future. "Funding? We shouldn't expect that all the capital that arrives will be used on transfers. Because we obtained around €120m of financing, securing funds for the purchase and then to run Milan next year, from which there will will be losses. This will be paid back by the investors. This makes us sleep easy and gives everyone a signal of an involved owner, who wants to invest in and wants to have a strong Milan back soon. Transfers? The risk is that there are distractions from the market. The team has been built on young players, some of whom need experience. Montella? It only takes a draw and then the doubters come out. He has the total faith of the directors and the owner, we maintain that each day. We should all forget about the idea of possible doubts of our technical leadership"
Date: 03/05/2017 -