History Article
Close
This article was published May 1, 2015 at 20:08.
The last change is the May 1, 2015 at 20:16.
On Saturday morning Silvio Berlusconi, after 29 years as controlling shareholder of Milan, club recognized by the Court before the failure, and then brought into the restricted club of the big teams in Europe, you will find with the intermediary Thai Bee Taechaubol for another meeting, after that two days ago, which should lead to a preliminary agreement. Followed by a more in-depth negotiations with the lawyers of the parties who will have to draw the new governance of the Rossoneri.
Il Sole 24 Ore is able to anticipate the draft agreement that may be discussed tomorrow. First evaluation of the Rossoneri is 950 million euro excluding debt of 240 million. Mr Bee, according to the basis of the bargain, will (not him but his consortium of Asian investors and Arabs) 51 percent of the club, while the Berlusconi family will stay with the remaining 49 percent.
These shares will be diluted, however, by listing it would be expected within a year. For this reason, before the listing it will be introduced in the statute a system of multiple voting. The artist remains a viable three possible squares, namely Shanghai, Hong Kong and Milan. If dual listing would be chosen Hong Kong and Milan Stock Exchange.
The Milan company would shortly be sold to institutional investors, while the OPVS would be especially dedicated to retail, specifically to the fans-shareholders. One of the big nodes is still the budget deficit, as Milan ended the last year with a loss of more than 90 million Euros and financial debt amounted to almost 250 million.
© ALL RIGHTS RESERVED
Permalink
No comments:
Post a Comment