WHEN football people usually talk about “turnaround” it usually refers to on-pitch performance and perhaps a fight against relegation. In the case of AC Milan, the club that was once the most powerful in Europe is in danger of falling even further away from financial competitiveness. AC Milan, despite their vast support and their place in football’s pantheon, continue to be a heavyweight also-ran, struggling to keep pace in Italy and almost invisible on the European stage. In 2018-19, the Rossoneri  made a record € 146 million loss, some € 50 million more than anticipated. This announcement was accompanied by the statement that the club’s current owners, Elliott Management, had saved AC Milan from going under and had so far injected € 325 million…