The text is a report by Maffeo da Treviglio, ambassador of the Duke of Milan, sent to his lord from Pécsvárad. As soon as the news of the election of Vladislaus to King of Hungary reached him, he informed the court of Milan: "… habemus magnum Regem Vuladislaum".
The transcript of the encrypted text reads "Quid tardatis modo." - Why are you in delay? suggesting probably that the newly elected king must be contacted immediately.
The period after King Matthias I's death brought uncertainty for Hungary. There were several candidates and self-nominees for the throne, including the widow Queen Beatrice, who first hoped to retain her power by a marriage to Maximilian, King of the Romans, and later with Vladislaus. John Corvinus, the illegitimate son of Matthias, trusted the oath of the lords' given to his late father, to elect him King of Hungary. Referring to the peace of Vienna in 1463, Maximilian also announced his claim, not to mention the King of Poland, Casimir IV's two sons: Vladislaus and John Albert. Although all five candidates had supporters, in the end the supporters of the Jagiellonian House prevailed, making Vladislaus II King of Hungary.
The original record held by: State Archives of Milano
Reference code: Archivio di Stato di Milano, Archivio Sforzesco, Carteggio Sforzesco, Carteggio estero, Ungheria, busta 645, 22 novembre 1491
Date of creation: Pécsvárad, 21 November 1491