The Turin-based daily newspaper of Tuttosport in today's print edition have provided the latest update about the Rossoneri's ownership. The Serie A giants, currently owned by Elliott Management Corporation may be on the way out as they receive great interest from RedBird Capital Partners and Bahrain-domiciled investment fund InvestCorp.
According to what is reported by the Italian newspaper, the American fund want to buy AC Milan and have raised their offer to reach 1.1 billion euros in cash without bonds or loans which would affect the club. That is the headline of the source which confirms that RedBird are now overtaking the Arab fund in the negotiations.
