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MN: RedBird accelerates with Comvest – Latest on Calvelli and Furlani

Wajih by Wajih
20 January 2026
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Gerry Cardinale (Getty Images) كاردينالي

Gerry Cardinale (Getty Images)

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AC Milan continue to work on the corporate front with the aim of further strengthening their financial and managerial structure. In recent weeks, RedBird Capital Partners have been moving ahead with the process related to refinancing the debt with Elliott, a step considered strategic in opening a new Rossoneri phase focused on stability and greater financial independence.

Refinancing by March: RedBird ready to part ways with Elliott

According to what has been learned by the MilanNews.it editorial team, the refinancing is expected to be completed by March, with the involvement of Manulife Comvest, an investment group based in Toronto, Canada. RedBird’s decision to separate from Elliott is viewed as a natural one: the timing is considered favorable both in terms of market conditions and the economic terms achievable, with interest rates lower than the current ones.

This operation would allow Milan to reduce the burden of debt and plan for the future with greater peace of mind, without upheaval but with an even stronger financial foundation than at present.
Stability and continuity: Calvelli a key figure, Furlani set to remain.

From a managerial standpoint, no major shake-ups are expected. Giorgio Furlani will continue in his role as the club’s CEO, carrying on the work established in recent years. Alongside the head of the club’s financial area, Massimo Calvelli, a trusted figure within RedBird and officially a member of Milan’s Board of Directors since November, is expected to take on a more prominent role, serving as a crucial link between the club and its ownership.

The direction is therefore clear: continuity, stability, and gradual growth, for a Milan determined to be competitive on the pitch and solid off it as well.

AC Milan logo crest ميلان
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Tags: MilanRedBird
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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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