AC Milan belongs to Gerry Cardinale's RedBird Capital Partners. The American firm found the agreement with Elliott Management Corporation for the transfer of 70% worth of shares, therefore, a controlling stake in the club. The Rossoneri fans are now questioning what the future should look like and we may have a glimpse about it, as per the information provided by Ginaluca Di Marzio earlier.
According to what is reported by MilanLive.it, Gerry Cardinale will be accompanied by Elliott who will remain in the minority with 30% of the shares. He will be aiming to continue on winning and expand the club brand thanks to lucrative business deals and sponsorships in foreign markets. The aim is to grow as much as possible and make the club a platform itself, with a bigger brand that it becomes a media empire.
The sporting level is also obviously important as no value arrives if the club is not in a winning cycle or is not at the top. The plan of Cardinale is to meet with the architect of the current club success: Paolo Maldini who is the technical area director.
As per the source, the new owner does not want to begin his era at AC Milan by losing a key member of the club who is Paolo Maldini.
Another important step is the construction of the stadium. To maximise revenue of the club and be able to compete with the other teams in European football, Milan must be financially sustainable and healthy.
