Exclusive: AC Milan sale to Investcorp depends only on one condition
Investcorp are one step away from becoming the new owner of AC Milan with just one issue left to be solved with Elliott. Investcorp’s exclusive period of negotiations with Elliott Management Fund has just ended. The Bahrain fund has completed the due-diligence process and are offering 1.18 billion euros to acquire AC Milan club from the Americans. However, a new player has entered the pitch, namely RedBird Capital. RedBird, who have a 10% ownership stake…
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