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Home Primo Piano

Repubblica: RedBird have first key test in particular to win hearts of Rossoneri fans

Wajih by Wajih
21 May 2022
in Primo Piano, News
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redbird cardinale

Gerry Cardinale, chief executive officer of Redbird Capital Partners LLC, stands for a photograph next to a 10-foot-tall statue of the Incredible Hulk in New York, U.S., on Wednesday, Nov. 14, 2018. For the past four years, Cardinale focused on building his own firm, which aims to leverage the connections and expertise of billionaire entrepreneurs to help build businesses. Photographer: Griselda San Martin/Bloomberg via Getty Images

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La Repubblica explain in today's print edition how the American company RedBird are very keen on purchasing the Rossoneri club. In fact, the news is that they have overtaken InvestCorp in the race to buy the club with an offer on the basis of 1.3 billion euros (reportedly, it may even reach 1.8 billion).

redbird joseph cardinale
Gerry Cardinale, chief executive officer of Redbird Capital Partners LLC, stands for a photograph in New York, U.S., on Wednesday, Nov. 14, 2018. Photographer: Griselda San Martin/Bloomberg via Getty Images

According to the Italian newspaper, Cardinale will have an important task once the takeover is complete. He must renew the contract of Portuguese star winger: Rafael Leao.

As per the source, RedBird will be immediately put to the test. The American firm should really be aiming to keep the former Lille star whose valuation has risen to around 60 to 70 million euros.

The potential new owners should succeed in convincing the player and his agent without falling into the temptation to sell him to finance next season. That will be Gerry Cardinale's ticket to the hearts of the AC Milan fans.

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Tags: MilanRedBird
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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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