The Italian media has repeatedly described Milan’s takeover of Milan by Bahraini investment fund Investcorp. As is usually the case in such cases, various amounts, plans or even potential conversion targets are presented. However, there was no confirmation of media reports at all, and this came after an announcement from the Bahrain Embassy in Great Britain.
In a short press release, which was later deleted, it was announced that Investcorp and current management firm Milan Elliott Management are in the management talk stage. The entry was cited frequently, but its removal caused some fans to speculate that conversations had broken down.
Milan will change soon? Bahrain is no longer thousands of kilometers from Milan.
But journalists from “La Gazzetta dello Sport” say that negotiations are moving forward and that the question of taking over the team may be over by the end of the month. “Bahrain is no longer thousands of kilometers from Milan, it is much closer, and in a week it may be one step away. Negotiations on the sale of Milan are going very quickly” – said the daily.
Investcorp will lead the team for 1.1 billion euros. Milan will then receive around 300 million euros which they can spend on transfers.
As “La Gazzetta” also claims, there should be no major changes in the manager’s structure at the club. Paolo Maldini and Frederic Massara, who are dealing with the transfer case, should be offered an extension to contracts that expire in June. However, this cannot be ascertained from Ivan Gazidis, who manages aspects of the business. He may be replaced in the future by a person associated with Investcorp.
Milan, of course, is focused on the struggle for the Italian championship, and its activists are also trying to close the transfers of Divock Origi from Liverpool and Sven Putman from Lille. If the club had been acquired, according to Italian media, Milan would have made bids for Nicolo Zaniolo from Roma or Manchester City’s Raheem Sterling. The England player’s move will also show other famous players that it makes sense to trust Milan’s new project.
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The Lombardy team is currently at the top of the Serie A table, two points behind its local rival, Inter. However, this match is overdue, which will be played next Wednesday (27.04, Inter’s rival will be Bologna). The podium was closed by Napoli.
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