GOONERSGUIDE ITALIAN SERIE A NEWS SECTION

This is our Italian Serie A news section where we provide any news items that might have a significant effect on the matches being played - or sports betting in general.

Italian Serie A News :: AC Milan in the red

Posted on 2008-04-25 by Gooner

Milan Vice-President Adriano Galliani has today spoken to shareholders, revealing the Via Turati club to be £24m in the red.

The 63-year old who, since Silvio Berlusconi stepped down earlier this week, has taken the role of President in all but name, moved to reassure the Rossoneri's worried investors.

“To get the books back in order it would be enough to sell Kaka to Real Madrid for £55m,” remarked Galliani to the consternation of Milan's money men.

Shareholders are believed to be angry at the club's recent form on the pitch and in the transfer market.

According to a report in Italian newspaper La Stampa, some investors are unwilling to contribute money to this summer's transfer budget.

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Sourced From : Football Italia

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