Right..the morning after. Here's an analysis which might fit the facts without ascribing too much incompetence to Ruskin and Co. (Yeah, hard I know...).
The deal fell entirely on FPF. Milan had no interest in being uncooperative. It is unlikely that the club would have forgotten about work permits etc
Sensi, and certainly his agent, wanted the deal, but would have known about our financials, at least in general terms.
Enzo meanwhile has said repeatedly that we cannot buy without selling.
So we hoped there was a chance of a last minute sale. It was a reasonable gamble. Got Sensi over just in case on the last day with him understanding that we could not commit.
The sale fell though at the last minute which meant our deal was off.
The sale fell through because the players we want to offload are on too high a wage for buying clubs to stomach and the players would rather take a huge wage and not play than play for a smaller wage