Italians hyping AC Milan-Roma in Serie A as 'American derby'

Aug 31, 2018 1163

A "Made in USA" matchup. The "American derby." Italian media are promoting Friday's match between AC Milan and Roma at San Siro Stadium as the first meeting of two American-owned clubs in Serie A. While Roma has been in American hands since 2011, when a group of four Boston executives took over control of the capital's club from the Sensi family, Milan's transformation is much more recent.

U.S.-based hedge fund Elliott Management took over control of Milan last month after the club's former Chinese owner, Li Yonghong, missed a deadline to repay part of a loan. Elliott's takeover had been forecast a year earlier by Roma president James Pallotta, who told The Associated Press in July 2017 that Milan's transfer market spending spree was beyond the club's means. Pallotta told SiriusXM last month he believed Gordon Singer, the son of Elliott founder Paul Singer, has the potential to get Milan back.

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SOURCE: https://www.stltoday.com

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