Elliott’s latest budget certifies the club’s recovery. Now a new phase with Cardinale: the aim is for a turnover of 500 million in the long term and leverage will not be used. Singer remarks: he has the pledge on the shares
Elliott gave RedBird a little gem. The brand revitalized by the Scudetto and the return to the Champions League, sports expenses lower than the competition, ordinary management that does not burn cash, the debt almost eliminated. Now it will be up to Gerry Cardinale and his team to move on to phase two: after recovery, growth.