LIVE MN – Approval of the 2021-21 annual accounts. Scaroni: “Stade: at San Siro with Inter, however we additionally contemplate going alone. Thanks Gazidis for the work finished”

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The AC Milan shareholders’ assembly will happen from 10.30 am on the Casa Milan headquarters to approve the 2021-22 annual accounts. On the finish of the aforementioned assembly, there will even be a query time devoted to the press during which the Rossoneri president will take part Paolo Scaroni.

10.16 – We remind you that, as already seen, the loss within the consolidated annual accounts is the same as -66.5 million, in steady enchancment in comparison with the 2020-21 funds which introduced a damaging worth of 94.6 million.

10:30 a.m. – The shareholders’ assembly, presided over by Paolo Scaroni, begins promptly and opens the assembly. There would be the extraordinary half on the approval of the annual accounts, but in addition a unprecedented half that may seek advice from the statutory amendments that goal to facilitate RedBird’s participation in shareholders’ conferences. These are technical-bureaucratic adjustments.

CA members who will not be in Milan are excused by absence. Current within the room Ivan Gazidis.

The highlights:

AC Milan’s accounts closed with a lack of 92.3 million, an enchancment on 97.9 million.

The web price was constructive for 137.5 million

AC Milan’s consolidated annual accounts closed with a lack of 66.5 million, an enchancment on 96.4 million.

Auro Palomba, president of the APA, took the ground.

What does the cardinal imply when he says that society should be shaken. What do you imply?
Scaroni: “We now have a shareholder who, within the curiosity of AC Milan, desires to benefit from his workforce’s expertise. They’re skilled 7-8-9 sports activities. I feel AC Milan can profit, on all fronts , of this shareholder that we deliver a variety of expertise that we didn’t have. We’re all very optimistic to have a brand new section of progress for the model, the membership and every part we do. I belief that we live now, after the restoration.”

Because of Ivan Gazidis for his work as CEO of the membership. Has the bulk shareholder recognized the following CEO and are the rumors about Furlani properly based?
Scaroni: “Ivan’s skilled selections are as much as him. I thank him for what he has finished for Milan and the relationships now we have had. It’s straightforward to be president of the membership when you could have somebody like Ivan by your aspect.”

On refereeing errors, will we proceed to make use of a low profile or change our technique?
Scaroni: “I’ll by no means protest arbitration as a result of I feel it is pointless and counterproductive. I feel in the long term the errors will make up for one another. I feel ultimately we have had race instructions that have not been in our favor. And others that perhaps they’ll come. from ours. When Serra does not rating with Spezia, our gamers went to console the referee. They did it spontaneously and I feel that is the fashion that Milan ought to all the time have. However that is my thought” .

We wished to grasp if, in AC Milan’s stability sheet, there may be nonetheless the potential of collaborating within the Superliga?
Scaroni: “For us it’s left apart. What just isn’t left apart are the issues. I hope that the assorted issues affecting European and Italian soccer is not going to be left apart. We hope that UEFA will cope with discovering options to those issues.”

Is there a risk that the stadium could be constructed by itself?
Scaroni: “The general public debate is underway, which is a not often utilized process that’s used for initiatives which can be made on public land and for investments above 300 million euros. It appears to me that it’s progressing fairly properly, there are some observations . what do the neighbors do. I hope to have a solution initially of November and I hope that this process will assist to simplify the appeals to the TAR and that the choose will look at them in a extra benevolent means. On the identical time we is not going to surrender different options .San Siro is completed with Inter, as a result of they would not give the bottom solely to us. I do not really feel monetary difficulties for Inter due to the problem of San Siro. An funding of this kind is crucial to create worth for all golf equipment. If now we have the authorization for San Siro, we are going to do it with them. We’re engaged on different hypotheses, as a result of we aren’t happy, and we are able to open different options, even to do it ourselves. We’re open. to different hypotheses.”

Relations with the followers. What are the technique and objectives of the brand new possession, each in Italy and globally?
Scaroni: “Milan has round 400 million followers all over the world and sadly they’re getting previous. As a result of if we do not do properly within the Champions League in some unspecified time in the future we are going to solely have 90. We now have to feed them with good performances within the Champions League. League. Matches like yesterday give me hope for the long run.”

Filippo La Scala, additionally from the APA, takes the ground:

We wished to know if the brand new majority shareholder has given any indication of the income technique?
Scaroni: “We’ll quickly renew the contract with Emirates. However the pattern is constructive, as evidenced by the brand new sponsorships.”

The cope with UEFA: Does the membership contemplate it complicated to match the targets or will this impediment be simply overcome?
Gazidis: “It is an necessary difficulty for us, however I am positive we’ll come to respect the established path.”

Does the brand new shareholder think about if the corporate may go public, changing into a public firm?
Scaroni: “It is lower than us, however I’ve by no means heard the shareholder speak about one thing like that. In reality, if it had been as much as me, I might say no given the sad path of Italian listed firms, with the withdrawal of the inventory change of Rome”. .

11.18 – The extraordinary assembly of AC Milan on the modification of the statutes opens

Mainly, the potential of holding board conferences by videoconference is added, which, within the present statute, was not foreseen.