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Home Primo Piano

Liverpool Chairman Tom Werner discusses RedBird-AC Milan situation

Wajih by Wajih
25 May 2022
in Primo Piano, News
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Tom Werner Liverpool

LIVERPOOL, ENGLAND - SEPTEMBER 09: Liverpool's Tom Werner during the opening of the new stand and facilities at Anfield on September 9, 2016 in Liverpool, England. (Photo by Barrington Coombs/Getty Images)

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Liverpool Chariman Tom Werner granted a long interview to those at The Athletic to discuss the club's situation among other topics. But what will catch the attention of the Rossoneri fans in all of this is when he mentioned RedBird and how they helped Liverpool owner group (FSG) into making a deal with Lebron James and Maverick Carter.

Tom Werner and origi liverpool

Billy Hogan, Mike Gordon, Divock Origi, Tom Werner and John Henry after the fan-favourite striker’s final Liverpool home game against Wolves last weekend (Photo: John Powell/Liverpool FC via Getty Images)

FSG sold an 11 per cent stake in the company for $750 million to RedBird Capital Partners last year and subsequently bought a controlling stake in top-flight NHL ice hockey team the Pittsburgh Penguins. That sparked speculation about its plans. Werner has ruled out the prospect of FSG adding another football club to the portfolio.

“No, we don’t have any plans to do that,“ he says. ”I’m aware, only from reading the papers, that RedBird itself may be in the process of trying to acquire AC Milan, but that’s their own group. They have been excellent partners of ours. They were helpful in our (FSG) making of a deal with LeBron James and Maverick Carter (the NBA star’s business partner). I’ve known them for a couple of decades", he told The Athletic.

redbird cardinale
Gerry Cardinale, chief executive officer of Redbird Capital Partners LLC, stands for a photograph next to a 10-foot-tall statue of the Incredible Hulk in New York, U.S., on Wednesday, Nov. 14, 2018. For the past four years, Cardinale focused on building his own firm, which aims to leverage the connections and expertise of billionaire entrepreneurs to help build businesses. Photographer: Griselda San Martin/Bloomberg via Getty Images

 

Tags: LiverpoolMilanRedBirdTom Werner
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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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