Chinese Owner Pulled The Plug
AC Milan missed out on the chance to sign Cristiano Ronaldo after the club’s former owners put the skids under the deal.
Ronaldo moved from Real Madrid to Juventus in the summer for a fee of just over £100million. But he could have ended up with Juve’s Serie A rivals instead.
Former AC Milan sporting director Massimiliano Mirabelli told SportItalia that the club were in talks with Ronaldo’s agent Jorge Mendes before talks were opened with Juventus. But the club’s Chinese owner Li Yonghong decided that the deal would be too expensive. Li has since sold the club to a US-based hedge fund, Elliott Management who then sacked Mirabelli.
‘It was something we talked about with Jorge Mendes,” he said.
‘We knew there could be problems with Real and Ronaldo. We did everything, but then the Chinese owners blocked the deal because it was not sustainable. With the current owners CR7 would have been a Milan player.”
Milan’s spending in 2017 landed them in trouble with Uefa this summer. The side spent over £100million the summer before last only to miss out on a Champions League place.
Uefa initially banned the club for two years from European competition only for the Court Of Arbitration For Sport to overturn the ban describing it as ‘excessive’.
Milan beat Luxembourg side Dudelange 5-2 in a Europa League tie on Thursday having trailed 2-1 at half-time.