The closing between Elliott Management Corporation and RedBird Capital Partners should take place tomorrow, according to reports.
As per Milannews.it, Gerry Cardinale has managed to secure the arrival of a number of investors on board along with him in this journey at AC Milan. Besides Main Street Advisors (which also includes LeBron James, NBA star, the producer Jimmy Iovine and rapper Drake) and New York Yankees (owned by the Steinbrenner family) there are a number of important international investors.
As per the same source, Kaiser Permanente an American group with a turnover of 100 billion dollars that operates in the medical industry, and LACERA , the pension fund of Los Angeles County are among the investors in ACMilan. RedBird did not go to the market in search of investors, but already had "institutional investors" to whom it asked whether or not they intended to invest separately in the Rossoneri club.
The presence of Riccardo Silva is also confirmed. He would be the only Italian in a pool of about ten investors, president and owner of Miami FC (He is a great friend of Gerry Cardinale and also Paolo Maldini). He is also a known AC Milan fan.
As for the stadium theme, at the moment RedBird's intention is to go to a sports facility alone, without the Nerazzurri club, on the site, also due to the lack of collaboration shown by Inter and the municipality of Milan. Eventually, Milan could go to Sesto San Giovanni.
Source: milannews.it.
