Luca Bianchin, a journalist, wrote the following in La Gazzetta dello Sport regarding the future ownership of Milan and rumours of possible new investors:
“Sources close to the ownership categorically deny the possibility of a minority investor entering the club. In short, RedBird believes it is destined to control Milan directly, also considering the long-term vision it has always had throughout its history as an investor. In recent days, in particular, there has been talk of the possible sale of a minority stake to the Ellison family, involved in sports (Oracle) and a major player — as much as or even more than Cardinale — in the acquisition of Warner Bros by Paramount. Cardinale will remain at the centre of Milan 100%. Not by chance, in recent weeks he has been in Milan several times, spoken with the team, and watched Milan in last Sunday’s decisive away match in Genoa.”
The value of Milan:
According to Milano Finanza, Gerry Cardinale, head of RedBird and owner of Milan, is reportedly considering the possibility of selling a minority stake in the Rossoneri club. Among the main potential buyers of this stake would be the family of David Ellison, founder of Skydance Media and chief executive officer of Paramount Skydance Corporation, with whom the Milan owner has maintained long-standing relations. Regarding Milan’s valuation, it is said to be around €1.6 billion, a figure that could rise to €3–4 billion once the new stadium is built.
