IS24O: AC Milan about to become US owned club
The Rossoneri club could become an American owned club. Il Sole 24 Ore reveals that the new investor isn’t going to be Malaysian but rather a US businessman. The parties are in advanced negotiations and important news are expected by the end of the week.
There have been decisive meetings in Milano today and the parties have exchanged documentation relating to the agreement with the help of a notorious notary’s office based near Palazzo di Giustizia. According to the latest news, an American businessman is ready to join the club. Initially he will act as minority shareholder, providing the money (32 million euros) needed to complete the capital increase.
This subject would then also contribute to investments in the summer transfer market (a possible investment of 150 million) and would have the option to increase the percentage of shares in his possession. In the near future Yonghong Li would end up as minority shareholder, similar to what happened to Erick Thohir at Inter.
The advisors of the US investor, that is Goldman Sachs, were in Milano today, coming from London, to define the agreement. If this operation is concluded quickly, AC Milan could have one more card to play with UEFA and avoid exclusion from the next Europa League.
There is maximum secrecy on the name of the subject. Some sources in recent weeks have spoken of Stephen Ross (owner of the Miami Dolphins) and John Fisher but other sources claim that it is neither of the two. In any case, the club is close to changing ownership.