AC Milan has been in the hands of Elliott Management’s fund since 2018. The Americans haven’t had much success in Serie A or the Champions League with the Italian club. Unofficially, they are said to be considering selling the club.
Big budget and a return to greatness
Bahrain-based Investcorp, global manager of alternative investment products for individual and institutional clients, is interested in buying Milan. He is currently carrying out an x-ray of the financial and general condition of AC Milan. According to the Italian news agency ANSA, the ownership changes in Milan will not take place before the end of the current season.
I don’t know much about it, but it is normal that Milan will be sold in the future. I have no idea when this moment will come. Milan director Paolo Maldini said that after a few rows of waiting before the end of the season, I think it is in everyone’s best interest to fight for the Serie A title. We also have the Italian Cup semi-finals to play.
Investcorp manages assets totaling more than $34 billion. The company owns several headquarters around the world, including in the United States of America, Great Britain and Qatar. Talks between the current owners of AC Milan and Investcorp are well advanced. The Bilskie East Fund is offering 1 billion euros, or about $1.1 billion, to acquire the club.
According to the latest information from La Gazzetta dello Sport, Milan’s budget will be $300 million. The goal of the new owners is for the team to win the Champions League.
– In Italy, a similar process has been implemented in fashion, with the Gucci brand: history, tradition, global recognition and commercial value. AC Milan meets the same requirements in the field of sport: this is why Investcorp considers the club to be working perfectly in its development project, as stated in the magazine.
Mohamed Al-Ardhi has been the president of Investcorp since 2015. He has fueled media speculation with his Twitter entry.
Congratulations to AC Milan on their return to the top of the Serie A, happy birthday to the club, its fans and everyone who celebrates this occasion. #SempreMilan – Posted by Muhammad Al-Ardhi.
It is already known what his first goals in transport were. Italian media write that the exciting AC Milan striker Ajax, the discovery of this season’s Champions League – Sebastian Haller and the brilliant Roma winger – Niccolo Zaniolo – will go to Milan.
After 33 matches in the Italian league, Milan has 71 points and is in first place in the table. They are two ahead of Inter Milan and five over Napoli, who have played one game less. The last time Milan enjoyed the Italian championship was eleven years ago.
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