As reported by Gazzetta dello Sport, Gerry Cardinale is determined to keep hold of Milan. To achieve this, he aims to push back the deadline for the 700 million euros loan repayment to Elliott from the current date of August 2025 to 2028.
Gerry Cardinale is confident that Milan will soon hit its stride.
His goal is to achieve success both on and off the pitch, including generating profits and building a new stadium, which would boost revenue and the club's overall value.
The RedBird founder believes he has the right tools to negotiate an agreement with Elliott and extend the loan deadline. Everything hinges on the interest rate. Another investment fund or possibly new partners could also come into play. The negotiations with Elliott must be concluded by August 2025.
