Follow board of directors/shareholders meeting live

[TonyDaBeast]

http://translate.google.com/translate?hl=en&sl=it&tl=en&u=http%3A%2F%2Fwww.milannews.it

juste click on LIVE SHAREHOLDERS MEETING


its been confirmed, we have suffered a 67M deficit this season

[Milan31]

67M

This does not make me feel good about the summer.

[Ganso]

67M deficit wohoo

[pUsHa]

Italy is doomed unless they build their own stadiums ....

[Ganso]

Everyone other than Juve are doomed.

[TonyDaBeast]

Berlusconi has completely covered our losses. 67.3M will be covered by fininvest. so as we actually stand now, we have 0 DEBTS at Milan.

i just cant figure it out. were the team that generates the most income in Italy, were the 6th most prestigious club in the world (moneywise) 1 out of 3 summers we spend money and its like 40M only. how the *bleep* can we always be in debt LOL its impossible that all of this is because we dont have our own stadium. it cant be.. can it??

well since Berlusconi covered our losses, how much do u think we have now to spend in transfers? ill probably say WAYYYYYY less than before lol

[Milan31]

If we owned our own stadium it will help us a TONNNNNN!!! But if we go on and start building one this will really effect our transfers and we might get behind and it will cost us titles, but I do think it is worth it in the end. Like Ganso said, almost every team in Italy is screwed except Juve BECAUSE they have their own stadium.

I don't see a very high spending summer, but it is the last year before FFP is in affect, so Galliani and Berlu might go on a spending spree one last time, I hope.

[Guest]

thats really shocking...

yep.... ac milan cant generate profits unless they have their own stadium.

plus milan should be saying enough with paying veterans hefty salary. still think we have so many players with high salaries. ibra alone makes 9 million.

another thing is that maybe attendance, and commercial sales are maybe poor, and lets not forget that f...kin FIGC a... holes are responsible as well because one of the head was it ... abete or someone last year had this tv revenue fiasco when FIGC head member promised big clubs that clubs who have highest viewers will recieve more revenue, and only to change his f.. kin mind in last minute and change it to distribute more money to small clubs. its unfair for fans who many of them support big clubs.

but stadium is one massive problem milan needs to get over with. it doesnt happen fast but they should be seriously discussing this matter with board and shareholders.

otherwise for next decade we will be sticking with veterans and cheap ass signings.

[Guest]

If we owned our own stadium it will help us a TONNNNNN!!! But if we go on and start building one this will really effect our transfers and we might get behind and it will cost us titles, but I do think it is worth it in the end. Like Ganso said, almost every team in Italy is screwed except Juve BECAUSE they have their own stadium.

I don't see a very high spending summer, but it is the last year before FFP is in affect, so Galliani and Berlu might go on a spending spree one last time, I hope.

san siro rights holders arent selling stadium so i guess life is hard. berlusconi has been loyal to club but feels he is somewhat hesistant to fork out money for stadium for long term future. so that sucks too.

this would have benefited milan for long term... i also feel stadium is the only way for milan to have positive fiscal year.

[Guest]

wished berlusconi sold some of the club shares... this idea of sole ownership and authority is not giving the club the opportunity of long term good sporting and financial outcome.

berlusconi can bloody sell some shares but retain as major owner, and major control over the board if he wants authority. but really wished we sold some ownership and give new shareholder to invest in our club... i am dying to see this happen. i have been wondering this since 2008.

[milanfan7]

wished berlusconi sold some of the club shares... this idea of sole ownership and authority is not giving the club the opportunity of long term good sporting and financial outcome.

berlusconi can bloody sell some shares but retain as major owner, and major control over the board if he wants authority. but really wished we sold some ownership and give new shareholder to invest in our club... i am dying to see this happen. i have been wondering this since 2008.

If he sold shares he wouldn't be able to cover Milan's losses,would he?

[BiasedMilanFan3]

It's not just player salaries, transfers and stadium profit that contributes to this deficit. There's probably other stuff like paying for doctors, flights, new merchandise and heaps of other stuff we wouldn't know about.

But the stadium thing would contribute a fair bit though

[Guest]

wished berlusconi sold some of the club shares... this idea of sole ownership and authority is not giving the club the opportunity of long term good sporting and financial outcome.

berlusconi can bloody sell some shares but retain as major owner, and major control over the board if he wants authority. but really wished we sold some ownership and give new shareholder to invest in our club... i am dying to see this happen. i have been wondering this since 2008.

If he sold shares he wouldn't be able to cover Milan's losses,would he?

selling shares to new rich investors who are obliged to invest in the club, not just retain shares. but not necessarily sell all the shares, berlusconi can retain majority, but give the newcomer a board place but not complete control. kinda like arsenal.. kronke has got majority of shares in the club but usamov is there and willing to buy more shares in the club, but unfortunately ... isnt usamov not given place in the board. we should be doing something similar but give new shareholders position in the board as well to give them some authority but not complete control ofcourse.

its not happening ofcourse we all know how much berlusconi care about authority. but i mean it would have helped a great deal not just on transfer budget and all but also in terms of new plans, objectives, management ... so on.

why do u think arsenal real madrid barcelona are so rich... because the club has gone public. juve is the same... actually isnt juve a club who have multiple shareholders? not just agnellis but others...

[Guest]

It's not just player salaries, transfers and stadium profit that contributes to this deficit. There's probably other stuff like paying for doctors, flights, new merchandise and heaps of other stuff we wouldn't know about.

But the stadium thing would contribute a fair bit though

yea thats true mate.

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