The administrative director of Milan Savi brought to the Finance Department a document which would prove that Elliot holds ownership of part of the club
Db Milan 09/03/2022 – Serie A football championship / Milan-Inter / photo Daniele Buffa/Image Sport in the photo: Jerri Cardinale-Ivan Gazidis
It was a man from the Rossoneri management who provided the documents to the Guardia di Finanza on the real ownership of Milan. From there the searches would then begin to ascertain whether the club was actually controlled by Red Bird or Elliot. Corriere della Sera writes it.
Milan’s “mole”.
As the newspaper writes, it was the administrative director Aldo Salvi who brought the investigators a document which confirms the doubts about the real ownership of the club:
“Surprisingly, one of the main clues on the basis of which the Milan Prosecutor’s Office has for weeks hypothesized that Milan is not really Gerry Cardinale’s Redbird fund, but is still under the influence of Gordon and Paul Singer’s Elliott fund, which was not declared to the supervisory authority Federcalcio“.
It’s still:
“An internal document within Milan that it was not clear how it ended up in the hands of the Guardia di Finanza, a “presentation” of the current structure prepared by the Milan management for the talks at the end of 2023 with “investors from the Arab world”, whose scheme was investigators think “that the vendor loan”, i.e. the controversial loan made in 2022 by the seller Elliott to the buyer Redbird, still “guarantees Elliott ownership of part of Milan”. This document was a draft sent by a manager of the Redbird fund, Elizabeth Owen, to the administrative director of Milan, Aldo Savi: and it was Savi, summoned as a witness by the investigators, who gave a problematic interpretation of the real ownership of the Rossoneri“.
Who is the administrative director Savi
Savi joined the club in 2018 as a consultant for the Blue Skye fund, and, hired by the Rossoneri club in 2019, he remained there even after the rift between Blue Skye and the rest of the Milan world.
“Savi reported to the investigators his impression that the “strong influence” of Elliott still weighs on the daily management of Milan through not only former Elliott men such as Scaroni, Furlani and Cocirio, but also through the head of the sports area Hendrik Almstadt, for Savi «very close collaborator of Gordon Singer»“.
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