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Home Primo Piano

CorSera: Elliott will not complete Milan sale before end of the season

Wajih by Wajih
6 May 2022
in Primo Piano, News
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AC Milan logo

The logo of AC Milan is pictured on a corner flag prior to the Italian Serie A football match AC Milan vs Sassuolo on April 21, 2021 at the San Siro stadium in Milan. - The two Milan giants and Atletico Madrid followed all six English Premier League clubs in pulling out of the European Super League on April 21, 2021, dealing a fatal blow to the project. (Photo by MIGUEL MEDINA / AFP) (Photo by MIGUEL MEDINA/AFP via Getty Images)

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Talks about the AC Milan sale from Elliott Management Corporation to Bahrain-based investment fund InvestCorp have been ongoing for some time now. Reports are now claiming that American firm RedBird Capital Partners are also in the race to secure the purchase of the Serie A giants.

redbird capital
redbirdcap.com

According to a report shared by Corriere Della Sera, the American hedge fund which owns AC Milan, Elliott, will not complete any transaction and deal to sell the Rossoneri club prior to the end of the season.

The newspaper also insists that Elliott want to leave Milan in the best hands and that RedBird may currently be better positioned to secure a deal rather than InvestCorp.

Casa Milan
A general view of the Casa Milan during the inauguration of AC Milan's new purpose-built headquarters, Casa Milan on May 19, 2014. (Photo by Marco Luzzani/Getty Images)
Tags: ElliottInvestcorpMilanRedCorp
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Wajih

Wajih

A writer, passionate about football: Serie A and AC Milan in particular. For business inquiries: Wajihmzoughi1996@gmail.com

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