More confirmations have arrived stating that RedBird Capital now seem set to be the next owners of AC Milan having overtaken Investcorp.
This morning’s edition of Il Sole 24 Ore (via MilanNews) claim that Elliott Management are very likely sell to their compatriots RedBird Capital who have overcome the competition of Investcorp in the last few hours with an offer of €1.3bn.
They added that the parties are now very close to signing the documents and the fee they pay for Milan could rise to €1.8bn in subsequent years due to various mechanisms. RedBird are putting €600m in equity on the table and a large loan to cover the rest of the cost.
According to MilanNews, RedBird have indeed presented an improved offer to buy the Rossoneri having gone from the €1.1bn on the table to €1.3bn. The feeling is that they are now definitively in the lead and a critical turning point could take place by the end of May.
Investcorp’s strategy was 400m as loan and now RedBird is coming up with 600m loan even though the valuation has slightly increased. Whatever happens, let’s just hope that the current growth of club will have consistency. As long as Maldini is in command, I hope we don’t need to worry about the growth. Let him do the business based on sustainability. Have patience and trust in Paolo!
Next few transfer windows will tell us where we are and what their plan is. Same applies for either Redbird, Investcorp or anyone else that buys Milan.
I’ve only seen one interview with folks form Redbird, claiming that they are not willing to invest much and that their basic principle is Moneyball (thing Muricans use in baseball). So I am moderating my expectations and setting them low. Very, very low. Like not getting relegated like Toulouse, another one of the clubs they own.
They took over Toulouse after they got relegated and they have just been promoted as champions playing the most attacking football in that league, scored over 80 goals and have a goal difference that is more than double their rivals, Redbird are serious sporting people, I suggest you look into them a bit more to see this. They have more PhD’s and ex Harvard professors working for them than you can shake a stick at, they know what they are doing.
Yes because you have PhD’s and Harward professors running around football pitches lmao. They don’t even know what football is, they think you’re supposed to play it with an egg using your hands.
Can’t take you seriously if you talk like that, educate yourself, it will do you wonders. End of the day we both want what’s best for Milan, try looking at all options, I’m not saying Redbird would be the best choice or Investcorp but to dismiss redbird like you have shows you can’t be taken seriously.
Maybe it’s my lack of business accumen or whatever, but…why would you buy a football club if you don’t plan on investing into it, making it an achieving club and therefore get your ROI multiplied? Instead letting it languish, like the said Toulouse?
I don’t know, I was excited about Investcorp, but this…I trust Maldini and I hope he knows what he’s doing.
Stop taking the ” Don’t need to spend a lot of money to be successful ” quote as they are buying Milan not to spend.
Football has become science, you have to choose the right player with the right physical and technical skills that fits your team the best , not just buying some popular overpriced overrated players.
Take a look at Barca , while they were successful they rarely spent alot of money on players. Most players were coming from their Academy.
After the sale of Neymar Barca start spending like they had unlimited money . Dembele, coutinho Griezaman all well over 100 mil and Barca haven’t won anything.
Stop acting like you know RedBird or Investcorp or their strategy.
You can call Elliott vultures but I still think they going to leave Milan in better hands than the actual vulture Berlusconi