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Home Primo Piano

InvestCorp plan two meetings once they purchase the AC Milan club

Wajih by Wajih
20 April 2022
in Primo Piano, News
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Mohammed Al Ardhi of InvestCorp

BOAO, CHINA - APRIL 09: Mohammed Mahfoodh Al Ardhi, Executive Chairman of Investcorp, speaks during a session at the Boao Forum for Asia Annual Conference 2018 on April 9, 2018 in Boao, China. The Boao Forum for Asia Annual Conference 2018 will be held on April 8-11 in Boao, China. (Photo by Visual China Group via Getty Images/Visual China Group via Getty Images)

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Negotiations between InvestCorp and Elliott Management Corporation are well underway. The talks between both funds have reached a crucial stage.

Today's La Gazzetta dello Sport writes that both sides want to reach the end of the exclusivity period dedicated for the negotiations having already clear and defined the next steps.

InvestCorp
(AFP via Getty Images)

Once InvestCorp do purchase the club, there will be an appointment with UEFA to reaffirm the intention to continue the steps of Elliott (which are appreciated by UEFA).

Another appointment will later take place with those at the Nerazzurri to take stock of the new stadium construction project. Currently the two rival clubs are working together regarding this project, "but at the same time a new Milan may want to rethink the current design in favor of a more impressive facility.", writes Calcio e Finanza.

InvestCorp has a branch specialised in infrastructures and will evaluate the project and see where it's going.

The Bahrain-based fund are also reportedly keen on keeping Paolo Maldini in particular as his job so far is appreciated.

paolo maldini ac milan
(LightRocket via Getty Images)

EXCLUSIVE Milan Reports – Elliott spokesperson: “We have received interest from investors in light of sporting and financial performances of the club”

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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