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Home Primo Piano

InvestCorp’s top target for Milan is the new stadium construction

Wajih by Wajih
17 April 2022
in Primo Piano, Transfer Market
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Mohammed Al Ardhi investcorp

Mohammed Alardhi, executive chairman of Investcorp SA, speaks during the Milken Institute Global Conference in Beverly Hills, California, U.S., on Wednesday, May 2, 2018. The conference brings together leaders in business, government, technology, philanthropy, academia, and the media to discuss actionable and collaborative solutions to some of the most important questions of our time. Photographer: Dania Maxwell/Bloomberg via Getty Images

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InvestCorp are reportedly looking to secure the purchase of the AC Milan football club. Elliott are willing to sell the club despite not having started the process of building a stadium due to the postponments and bureaucracy of the Milan municipality.

Elliott owner Paul Singer
Paul Singer, Founder and President, Elliott Management, at the 2015 Delivering Alpha Conference on July 15, 2015 (Getty Images)

As per a report shared by Milan News, the model created by Elliott inspires InvestCorp. The Bahraini investment fund want to continue on this path and create a financially healthy and strong club. The idea is to have a medium-long term project that starts from a great base: infrastructure.

Mohammed Al Ardhi of InvestCorp
Mohammed Al Ardhi, Executive Chairman of Investcorp,  at the Boao Forum for Asia Annual Conference 2018 (Visual China Group via Getty Images)

This is why InvestCorp will focus a lot on the new stadium project which would be a fundamental asset to the club going forward.

populous design AC Milan and inter
populous design Credit: nuovostadiomilano.com
Tags: ElliottInvestcorpMilan
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Wajih

Wajih

A writer, passionate about football: Serie A and AC Milan in particular. For business inquiries, contact: wajihmzoughi1996 [at] gmail [dot] com

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