CM: Elliott Management taking time to study two offers but Investcorp are impatient

By Oliver Fisher -

AC Milan’s future is still to be defined as Elliott Management are taking their time and studying two offers, which has left one party a bit irritated. writes how the time taken to sell a club is never short, especially when there are multiple offers on the table as Paolo Scaroni recently confirmed: “I understand that there are two offers and it takes time to complete the perimeter of the offer, understand them well and compare them.”

Elliott Management want to evaluate every detail well and in the meantime Investcorp are waiting impatiently, because they believe the time being taken is too long having put their bid on the table first.

Investcorp exponents thought they had already closed the deal after completing the due diligence process but the times have been extended more than they hopes, which they believe could be a strategy by Elliott to raise the price of the club.

The American fund RedBird are the competitor and Elliott are in the position to study and reflect the two offers. Investcorp are the main buyer still, but it is not excluded that RedBird’s proposal may represent a better exit strategy.

Tags AC Milan


  1. Elliot seeing which of the two will maximise their profit. Hopefully Investcorp prevails as most american companies don’t have a good track record
    owning football clubs in europe.

  2. It Will be bad for AC Milan if red bird win take over. Red bird have tight budget and want maximum profit from AC Milan

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