@Redfuzzywabbit@JED04@ItaFootPod Malaga wanted a figurehead like him and to a certain extent decisions are not his there is a board influenced by proverbial lobbyists re Serie a brokers which are the root cause of issues, Serie a club owners .. he mis calculated every step & turned to a 75 year old yes man
@Redfuzzywabbit@JED04@ItaFootPod Pirlo may not have been the long term choice but he was of a different mindset despite experience like Sacchi at Milan and Bearzot that coached 82 team to victory .. reform is from a to z we will never know because they killed the project
@Redfuzzywabbit@JED04@ItaFootPod the Pirlo decision was just the trigger. The real target was Maldini & Leonardo’s plan to overhaul Italian football: one that threatened the influence of Serie A clubs, league power brokers & the existing system. The project was killed before it could even begin
@FabrizioRomano It’s actually not about Pirlo it’s about having a President that has no backbone and a role where there are levels of politics before decisions get made .. the national team is done .. it will take 30 years to get back to where Spain France Argentina have reached
@keralista@JulzOa on Saudi investments that’s not technically correct: some present ownerships funds have middle Eastern LP’s or as debt holders .. many examples of this in serie A
@keralista@JulzOa That’s not new: in fact that is a central investment thesis to serie A and a reason Bain bid on the league years ago: renegotiate the rights to PL and La LIGA levels .. that has incrementally changed over the last few years
@keralista@JulzOa The funds kept it afloat that’s an argument I can agree with but they are not running it well that was my point .. lost European presence .. don’t invest in local youth & spending money without strategy : case in point: RedBird’s tenure
@Milan_23ambro@keralista First off that was in reference to Berlusconi secondly if these assets were generating revenue as you imply there would be no need to refi the debt and having equity raises which they are doing at every term .. it’s not rocket science and the information is readily available
@FabrizioRomano the Pirlo controversy was just the trigger. The real target was Maldini & Leonardo’s plan to overhaul Italian football: one that threatened the influence of Serie A clubs, league power brokers & the existing system. The project was killed before it could even begin.
@Milan_23ambro@keralista I’m American chief .. doesn’t mean PE can run sports teams in Italy .. Berlusconi sold because his family was putting pressure to stop non revenue generating assets .. most funds backing PE are middle eastern based .. do your homework before you exchange with me
@keralista@JulzOa That’s actually completely baseless statement .. the investments have been a complete disaster. They have required capital calls .. equity raises earlier than in the pitch decks & 0 shareholder returns .. do your homework on financial literacy