Bellinazzo gives positive outlook on FFP situation: “Investcorp will have the space to invest”

By Oliver Fisher -

If AC Milan are taken over by Investcorp in the coming weeks as is expected then the new owners will have some flexibility to invest in the transfer market.

We spoke to Il Sole 24 Ore journalist Marco Bellinazzo about a number of different topics related to the potential change in ownership including Elliott Management’s work to manufacture such a possibility, the background on Investcorp’s interest and what it might mean for the club if the deal did go through. You can read the full interview here.

As part of it, we asked Bellinazzo about the rumours of a meeting between Investcorp and UEFA at their Nyon headquarters being on the horizon, and what that could entail including how much margin the Bahrain fund will have to strengthen the squad in relation to Financial Fair Play.

“AC Milan, like all the top European clubs affected by the pandemic, will be called upon to revise its cost level in the coming years according to the level of revenues,” he said.

“From this point of view we say that, fortunately for Investcorp, we are in a phase of regime change of Financial Fair Play with a new financial sustainability system that will allow for a gradual adjustment within three years.

“From this point of view, therefore, Investcorp will have the space to invest and grow the club, much more space than it would have had if the old FFP rules remained in force.”

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