MilanVibes: 'Something is moving' as Galliani has lunch with Cardinale - the latest
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MilanVibes: 'Something is moving' as Galliani has lunch with Cardinale - the latest
Speculation has increased that Adriano Galliani could return to Milan about a decade after leaving. A recent lunch meeting in Milan between Galliani and Gerry Cardinale has been reported, indicating movement toward a possible return. Rumors also connect Galliani with talks involving Massimo Calvelli, while Paolo Maldini is considered unlikely to return under the current ownership structure. Igli Tare’s situation may not be finalized, with sightings at Malpensa airport. Cardinale is reportedly answering calls for discussions about a potential sale of minority stakes. Interest in acquiring shares extends beyond the Ellisons, with a reported valuation target of €3–4bn.
"According to what Pietro Balzano Prota has revealed on MilanVibes, there was a lunch meeting between Adriano Galliani and Gerry Cardinale at a restaurant in Milan recently, which suggests that 'something is moving' regarding Galliani's return."
"There are rumours of talks between the former CEO and the Milan board member Massimo Calvelli. There has been a lot of speculation about Paolo Maldini potentially coming back too, but 'with this ownership, it's impossible for Maldini to return' as per the journalist."
"He adds that Igli Tare's fate might not be sealed after all, and that he was spotted at Malpensa airport today. Rumours suggest there have also been talks with Calvelli and Galliani, as well as a lunch with Cardinale."
"Finally, Prota goes on to state that for the first time Cardinale is answering the phone to discuss the possible sale of minority stakes. The Ellisons are not the only ones interested in acquiring a share of Milan, amid talk of a valuation target of €3-4bn."
Read at SempreMilan
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