RedBird Capital Partners, an American company recognized for a long and deep experience of investing in sport, would have submitted an offer for the purchase of Milan for about 1 billion euros, according to reports from Sky Sport UK. Not only Investcorp, therefore, would be willing to reach such important figures to acquire the Rossoneri club. After the due diligence between Elliott and the Barhain fund, talks seem to continue, but the exclusivity period has expired.
According to ANSA, the Elliott fund has not actively moved towards a sale of the club nor does it seem to have urgent needs to sell and, as usual, does not comment on the rumors “for reasons of protocol”. In any case, it filters that the ownership – in its role as manager in charge of the club – is totally focused on the current sporting season along the lines of the plan it is carrying out for a competitive AC Milan both in Serie A and in the Champions League.
Source: Ansa
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