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Milan sold to RedBird for 1.2 billion euros | The Prosecutor’s office investigates the sale fee

Wajih by Wajih
13 March 2024
in News, Primo Piano
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The Rossoneri's branded corner flag is seen as a scoreboard on the background displays the logo and the trophy of UEFA Champions League prior the UEFA Champions League round of 16 football match between AC Milan and Tottenham Hotspur FC. AC Milan won 1-0 over Tottenham Hotspur FC. (Photo by Nicolò Campo/LightRocket via Getty Images)

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The congruity of the price of Milan's sale is also among the central themes of the ongoing investigation, raising doubts about the actual transfer of the Rossoneri team from Elliott Fund to RedBird.

This is what has been learned from judicial sources in Milan, as relayed via Milan News.

In fact, the club was formally bought for about 1 billion and 200 million euros, a figure that has long been considered too high within certain circles.

Investigations aim to shed light on the alleged simulation of the sale as well. The Guardia di Finanza and prosecutors are already working on the seized documents from yesterday to ascertain the reasons behind the operation, as per ANSA.

READ MORE | Three Premier League clubs keen on signing AC Milan’s youngster Francesco Camarda
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STADIO GIUSEPPE MEAZZA, MILAN, ITALY - 2023/06/04: A flag bearing the crest of AC Milan is waved during the farewell ceremony of Zlatan Ibrahimovic following Serie A football match between AC Milan and Hellas Verona FC. AC Milan won 3-1 over Hellas Verona FC. (Photo by Nicolò Campo/LightRocket via Getty Images)
Tags: ElliottMilanRedBird
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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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