AC Milan will soon change hands again as RedBird Capital are close to buying the club from Elliott Management, and a crucial meeting with Paolo Maldini is planned.
According to MilanNews, the CEO of the RedBird fund – Gerry Cardinale – will land in Milano either today or tomorrow for the signing of the preliminary contract with Elliott for the purchase of the majority of shares in Milan.
Four years after the arrival of the Singer family, Milan will once again change owners and Elliott will sell to their compatriot. Once the documents are signed the transition of shares will begin and then the plans for the future must become concrete.
Everything revolves around a meeting with Paolo Maldini, in which the project will be illustrated in detail and it will be understood more specifically how RedBird intends to conduct the summer transfer window.
Maldini publicly asked for two or three quality signings to raise the level of the squad and to compete on multiple fronts, while the American fund have every intention of improving the team to make it even more competitive.
There will be investments in the mercato, no huge figures will be spent, but with some targeted signings – plus the renewals of Maldini and Massara – the feeling is that the project can continue with momentum.