The American fund RedBird completed the acquisition of AC Milan for 1,200 million euros, reported this Wednesday the Italian soccer champion, which belongs, since 2018, to to Elliott managementanother US fund.
“RedBird Capital Partners (“RedBird”) announced today that it has completed the acquisition of Associazione Calcio Milan (“AC Milan”, “Milan” or “club”) by Euro 1.2 billion”, can be read in the statement released by the Milanese shield on the Internet.
RedBird is present in the sports world in North America, but is already active in Europe through a minority stake. in the English club Liverpooland since 2020 controls Toulouse, recently promoted to the French League.
The founder and managing partner of RedBird, in statements reproduced by AC Milan, gave an account of the goals and vision he has for the club to remain at the top.
“Our vision for Milan is clear: we will support our talented playerscoaches and staff to succeed on the field and allow our fans to share in the extraordinary experiences of this historic club,” said Gerry Cardinale.
The Founder adds that he “seek to tap into the global sports and media networkthe experience in review, the club’s track record in the development of sports stadiums and hospitality, to achieve the goal of keeping Milan at the top of European and world football.”
Source: Observadora
