As reported just earlier by La Gazzetta dello Sport, InvestCorp have sent an ultimatum to American hedge fund and AC Milan owners Elliott Management Corporation.
According to the newspaper online, the Bahraini fund is actually annoyed with the latest developments in the deal, especially with the rumours which have been brought up by those who are close to the Singer family and Elliott fund that the Arab fund would be looking for investors and partners to complete the operation.
InvestCorp, for their part, ensure that they have all the resources needed to complete the purchase of the AC Milan club.
The Bahrain-based investment fund has not liked the fact that, after reaching an agreement with Elliott, the Americans are now looking for other buyers to get a higher amount of money from the sale. This is why an ultimatum has been sent to the AC Milan owners.
