Tuttosport: Crucial week ahead in Investcorp takeover talks – the next steps

By Oliver Fisher -

AC Milan are fighting to win the league title on the field with rivals Inter but away from the pitch the talk over a potential takeover continues.

According to Tuttosport (via MilanNews), the week ahead is very important because Investcorp will complete the due diligence process, which is the analysis of the accounts of the Rossoneri club which are in excellent health since they are not burdened by debts to third parties, nor by bonds.

Once that phase is over it will be time to discuss the final details between Elliott Management and Investcorp, with the Bahrain-based fund ready to put €1.1bn on the table to buy Milan. Presuming it goes through, Milan will have completed the sale of the highest value in the history of Italian football.

We are in the final phase of the negotiation, so if there are no complications then everything will be done soon. In the meantime fans are sending messages to Mohammed Al Ardhi and other people close to the deal on social media asking for big signings ahead of next season.

The Mubadala investment fund – which includes many sheikhs in the Middle East region, including the royal family of Bahrain – are also involved and while it is right for supporters to get excited, there is still a negotiation to be closed and it is too early to speculate about the summer mercato.

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