"Fedele Confalonieri took a serious swipe at Cardinale's management of AC Milan, stating that RedBird is like a bank and therefore has no interest in winning the Scudetto. He emphasized that while private equity funds aim for budgetary rigor, it is not true that they never win, citing successful examples like Atlético Madrid and Inter."
"Carlo Festa criticized the management's role in the season's disappointments, arguing that excessive spending is not expected from private equity funds, as they must maintain a profitable balance sheet. He pointed out that some funds achieve significant results, countering the notion that they cannot win."
AC Milan is experiencing a resurgence of toxicity and criticism after a disappointing loss to Sassuolo. The optimism that had built up earlier in the season has faded, leading to questions about the club's ambitions. Journalists have criticized the management, particularly Carlo Festa, who highlighted concerns regarding the ownership's focus on financial rigor over winning. Fedele Confalonieri also criticized the management, comparing RedBird to a bank and questioning their commitment to winning the Scudetto, despite examples of successful private equity ownership in football.
Read at SempreMilan
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