As the Reuters news agency reported on Friday (May 20, 2022), talks between the Bahraini asset management company Investcorp and Milan’s current owners, the US fund Elliott, are said to have failed. Exact reasons were not known. The Italian newspaper “Il Sole 24 Ore” reported on Friday that now instead the investment company RedBird from the USA wanted to take over AC Milan.
Possible new investor already involved in several clubs
The value of AC Milan is estimated at around 1.3 million euros. Neither the club’s current nor potential new owners have been available to comment, according to Reuters.
The investor RedBird holds shares in FC Toulouse in France and is in the Fenway Sports Group involved, currently the Liverpool FC in England’s premier league as well as the American baseball team Boston Red Sox owns.
Berlusconi’s Milan via China into American control
AC Milan is one of the most successful clubs in Italy. The club last won the Champions League in 2007. The club celebrated this success under Silvia Berlusconi, who controlled Milan for a long time, but sold it to the Chinese investor Li Yonghong in 2018 for 740 million euros including debt. Elliott later took over the club because the Chinese investor partially failed to repay loans.
In Serie A, Milan could celebrate the championship on Sunday. The club goes into the final matchday with a two-point lead over Inter Milan. Milan have to play at Sassuolo Calcio, while Inter have home advantage against Sampdoria Genoa. A draw is enough for AC Milan, because if there is a tie in Italy, the direct comparison counts – and Milan won that (2:1/1:1).