AC Milan president Paolo Scaroni spoke at 'Festival dell'Economia' about Gerry Cardinale, who is the owner of RedBird which is the new majority investor of the Rossoneri club:
"He is the son of second generation Italian immigrants, he studied in Philadelphia then went to Harvard. Then won the Rhodes Scholarship, which is the most important scholarship to go to Oxford and they get two people a year, then he did 23 years in Goldman Sachs."
Paolo Scaroni added:
"He created a fund and bought Milan. He didn't buy Milan because he likes to play football but because it's an important investment. He is a champion. It will take 2/3 months for the closing but the transaction is done. And I am happy that all this happened before the market because we are entering a phase in which decisions will have to be made and it is nice to make them."
