AC Milan ownership question is still a hot topic of discussion. Elliott Management Corporation continues to hold talks for a possible sale to American company RedBird Capital Partners and Bahrain-based investment fund InvestCorp.
According to a report by Tuttosport in today's print edition, RedBird have overtaken InvestCorp in the negotiations to acquire the AC Milan football club.
In fact, American hedge fund Elliott do appreciate the impressive offer presented by RedBird because it is entirely in cash.
RedBird Capital Partners have put on the table an offer of 1.1 billion euros. However, it is not ruled out that InvestCorp will try to overtake the American company in the race by sending a new offer.
