As reported by today's La Gazzetta dello Sport, in a specific document ("AC Milan Investor Presentation"), reference is made to a financier, the PIF fund, which would acquire 41.7% of the club's shares. How? Through the repurchase of 80% of the vendor loan for approximately $487.5 million.
The share taken over by the sovereign fund of Saudi Arabia would have been converted into equity, although this does not appear in the documents, making PIF the second-largest shareholder of Milan, as relayed via Milan Press.
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