Marco Bellinazzo, a well-known Italian journalist from 'Il Sole 24 Ore', has spoke on 'Tutti Convocati' on Radio 24 about RedBird's contacts in Saudi Arabia regarding the future of AC Milan.
Here are his statements in the live radio broadcast:
"Is it true that there is this 'pour parler' between the Arab fund PIF and RedBird? 'I don't know specifically if it's PIF directly, but I know there are talks, and I can confirm it because I've gathered information from contacts within Milan."
He continued:
"In particular, there is the issue of Elliott's loan, and RedBird would like to find partners who can help repay that very burdensome debt and become part of the company. There is a very intense focus on the Arab world."