As anticipated by French outlet L'Equipe, Investcorp, investment fund based in Bahrain are in talks in order to purchase the AC Milan football club from Elliott Management Corporation.
We, at Milan Reports, have contacted Investcorp, but they have refused to make a comment. But, many reports have confirmed that there are talks at advanced stages between the two funds.
According to reliable source Forbes Middle East, Investcorp are actually close to closing a deal to buying AC Milan from Elliott.
The executive chairman of the Bahrain-based fund is Mohammed Alardhi. He has several offices in different locations around the world: Bahrain, New York, Switzerland, London, Riyadh, Abu Dhabi, Doha, Mumbai, Beijing and Singapore.
