AC Milan formalize exclusive negotiations for sale for 1 billion euros!

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AC Milan is about to enter a new era. While it was bought by Elliot Management Corporation in 2018 after struggling sportingly and financially, the Milan club have now returned to the top of the Italian league and are making a comeback in the Champions League. Corresponding Reuters, the Italian club’s value is now close to $1 billion (€925m). A return to the top that interests the world’s largest mutual funds.

And while the Italian press was talking about a possible takeover of the club, the official report from the UK-based Bahrain embassy on Monday revealed that the firm is Bahrain-based Investcorp “Entry into Exclusive Conversations” with the current owners of AC Milan for a $1.1 billion sale. “Founded in 1982, Investcorp offers a diversified, global investment portfolio, managing over $42 billion in assets worldwide.”says the message.

Champions League goal

«It is normal for AC Milan to be sold in the futuretempered Paulo Maldini, the sporting director of the Rossoneri, when asked DAZN before the game against Genoa. But if ? Honestly, I do not know“. The same goes for the current Rouge et Noir coach: “We haven’t talked about it, and nothing and nobody can steer our focus during the season finale. Milan’s present is solid and the future could be even better.”explained Stefano Pioli at a press conference.

However, the investment fund was on the verge of taking the club to the Champions League and had already been looking at names for the next transfer window. Corresponding Gazetta dello Sport, their aim is to win the Champions League with the Rossoneri. And to achieve this, several names have been leaked: Renato Sanches, Christopher Nkunku, Sébastien Haller and Nicolo Zaniolo are all due to be enrolled as early as next summer. Something for Rossoneri fans to dream of ahead of the completion of their future stadium, due to be inaugurated in 2027.

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