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Home Primo Piano

RedBird’s target with Milan is to be at the top of European football and also create a media company

Wajih by Wajih
1 September 2022
in Primo Piano, Transfer Market
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redbird joseph cardinale

Gerry Cardinale, chief executive officer of Redbird Capital Partners LLC, stands for a photograph in New York, U.S., on Wednesday, Nov. 14, 2018. For the past four years, Cardinale focused on building his own firm, which aims to leverage the connections and expertise of billionaire entrepreneurs to help build businesses. Photographer: Griselda San Martin/Bloomberg via Getty Images

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AC Milan's new era with Gerry Cardinale in charge began yesterday after seeing the closing finally take place with Elliott Management Corporation.

As reported yesterday by Il Corriere della Sera, RedBird will continue to invest in all key areas of the club to keep it competitive on and off the pitch. The primary objective for the club is to be at the top of Italy and also at the top of European football.

To do this, however, it will be necessary to increase the resources available to Paolo Maldini and Frederic Massara, so it will be essential to increase the revenues of the club.

The key to doing this is also the creation of a modern media company that combines sport and entertainment. In this sense, the partnership that RedBird has signed with the company that manages the New York Yankees, that is to say one of the most important sports franchises in the world (will have a minority share), is fundamental, as relayed by Milannews.it.

Gerry Cardinale AC Milan
Gerry Cardinale, chief executive officer of Redbird Capital Partners LLC, sits for a photograph in New York, U.S., on Wednesday, Nov. 14, 2018. For the past four years, Cardinale focused on building his own firm, which aims to leverage the connections and expertise of billionaire entrepreneurs to help build businesses. Photographer: Griselda San Martin/Bloomberg via Getty Images
Tags: Gerry CardinaleMilanRedBird
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Wajih

Wajih

A writer, passionate about football: Serie A and AC Milan in particular. For business inquiries, contact: wajihmzoughi1996 [at] gmail [dot] com

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