James Pallotta says he’s talked with Gordon Singer and the two should be working together for the good of Serie A.
One year ago, Roma owner Pallotta voices serious concerns about the situation of Milan, saying ‘they are losing their minds’, after a huge summer spending spree which followed a change in ownership.
The concerns of Pallotta turned out to be true, as Yonghong Li has defaulted on his loan to Elliott and lost the club just 15 months later. Now, the American hedge fund is in charge of things, and Pallotta once again spoke about Milan, and he spoke with a very different tone.
“I got a lot of stick for what I said about Milan, but what I said has come to pass? I thought that was the most obvious thing, coming from a finance background of 35 years, I just thought that was the most obvious thing,” Pallotta said in an interview with SiriusXM FC (you can hear it here).
“I do think that Gordon Singer [the son of Elliott owner and founder Paul Singer], and what he is trying to do, for the next years, has the potential to get Milan back for sure. He is making a lot of changes, I had a number of conversations with him already on league stuff, and a few other things and stuff, and we’re definitely going to try to work together closely, for the benefit of the league.
“Look, it took me 6 years of mistakes, many times in stuff like who to trust, what to trust, how to do things and stuff like that, and Milan should be working with us and a few other teams to try to get the league in a better place. Ronaldo coming over certainly helps the league, and the impression of it.
“And I just thought that the league was getting better anyways in terms of the play, I find it a very difficult league; I look at Spain sometimes and there’s a handful of teams and they seem to sometimes beat up some of the other teams in the league, and we can go to Atalanta or Cagliari or others like that and you’re sweating out hoping to get the win, and sometimes you’re coming out of there ‘oh God, it’s great, we got a tie’, I mean they are not easy.
“And then I try there are just a number of really good, solid teams, from Napoli and Juventus to Inter and what Milan will be, and Atalanta and Fiorentina look like they’ve gotten better, and Sampdoria, they are not easy to play. It’s a good, tough league. And if I get help from Gordon at all, and what they’re trying to at Milan, at least with league-stuff, we’re going to try and work together.”
Elliott have been building a new management, while also taking names from the past: Paolo Scaroni is the new President while Umberto Gandini is also likely to return to the club, after Leonardo.