As reported by La Gazzetta dello Sport in today's print edition, despite yesterday's news about a possible sale of 22% of AC Milan, Gerry Cardinale has no intention of backing down or selling shares.
Washington Harbour, who submitted the document on RedBird seeking partners, has no relationship with Gerry Cardinale. The reports regarding the stadium are also inaccurate. The San Donato option is still on the table, but Milan and Inter have resumed talks about a possible new facility near San Siro.
The American businessman and AC Milan owner was keen to set these rumours aside to clear the air around the team. It should not be ruled out that RedBird's investors or their stake levels may change, but this will not affect the fund's direction. The RedBird founder aims to bring Milan back to winning a trophies. He has focused on strong management, young talents with "Milan Futuro," and brand development.
