InvestCorp have been reportedly linked with a move for the purchase of Serie A giants AC Milan from American hedge fund Elliott Management Corporation.
The agreement between the two parties was not reached. This is the statement shared by executive chariman of InvestCorp, Mohammed Alardhi:
"We had discussions with Elliott about a potential investment in AC Milan. As can be the case with premium deals, a commercial agreement wasn’t reached, and we have mutually decided to end talks. We wish AC Milan the best for next season and beyond."
Now, RedBird have a clear path ahead of them as they continue to hold talks with Elliott for a possible purchase of the Rossoneri.
https://twitter.com/MMAlardhi/status/1529763954104336384
