Elliott and InvestCorp: The talks are at a very advanced stage now for the purchase of the AC Milan football club.
InvestCorp, the Bahrain-based investment fund, are in exclusive talks with Elliott Management Corporation for the purchase of the Serie A giants. The negotiations are going well and the white smoke may arrive very soon, reports La Gazzetta dello Sport.
Two teams at work to finalise the purchase of AC Milan club:
As per the Italian newspaper, there are two teams at work: one team are taking stock of the financial health of the club and its books while the other is working on the business plan: contents and the characteristics of the project.
