AC Milan have just secured a Scudetto triumph and celebrations have been ongoing non-stop since last night. But, we should not also forget that the club now is in a delicate phase as the owners Elliott, may be on the verge of selling.
According to Class CNBC, in fact, Gerry Cardinale who is the executive chariman and founder of RedBird Capital Partners will be at Milano today to close the deal for the purchase of Milan.
RedBird and Elliott Management Corporation have found an agreement set at 1.3 billion dollars. The agreement would also provide that the current owners would stay as minority shareholders The investment banks JPMorgan and 'Bank of America' (BofA) are assisting the funds in the negotiations.
