I was reading the news this morning, seems that Redbird has requested a €600M loan with a 15% interest to Elliot to buy Bbilan.
This doesn't look any good to me, we are speaking of €90M per year that Redbird must pay to Elliot while the loan is active.
Honestly, I cant figure out which club is more broken in Serie A, Inter has lots of problems and a €120M debt, Juve just added €400M to level the losses, Bbilan has new owners that made huge debt to buy the club and other clubs are too small and financially weak to invest.
This is going to be ridiculous, with EPL clubs that are way richer than rest of Europe, except PSG, UCL is going to lose interest, on the long term this is a losing strategy for UEFA.
They must find a way, a REAL way, to keep the balance between different leagues, otherwise people will find something else to do than watching football very quickly.
In Italy, young generation had lost interest in football, and you can see it looking at how our national team is performing, failing to qualify for the World Cup for the second time in a row, while winning it four times in the past.