Businessman Charlie Stillitano believes that RedBird Capital will try to install a model similar to Liverpool’s having taken control of AC Milan.
Milan officially confirmed RedBird’s takeover of the club after Elliott decided to sell the majority of their shares. The club announced the highly-anticipated deal on Twitter and their website last Wednesday.
Stillitano is a man that knows both football and about American influence in the sport very well given he currently serves as the Executive Chairman of Relevent Sports, the company that hosts the International Champions Cup preseason tournament in the USA each year.
He has been credited with being one of the most influential figures in making football – or ‘soccer’ – as big a sport in the United States as it is today, and therefore he is likely to know plenty about RedBird and what their vision is. He gave an interview to Tuttosport in which he spoke about the news.
“They need time to grow the business. It is not an asset based solely on trophies, there is no tycoon who does not mind expenses. The right comparison can be made with the path of Liverpool. The Reds are a model to follow, for a team built over many years,” he said (via Calciomercato.com).
“The Rossoneri, however, can already count on a squad made up of very competitive players. In my opinion, therefore, there will be no PSG or City-style investments but RedBird will rely on the ability of Ivan Gazidis, Paolo Maldini, Frederic Massara and Stefano Pioli, who were very good, they know how to make the players grow again.
“Today economic resources are needed to increase revenues and being profitable. And Milan know it very well. The question of the new stadium will therefore be fundamental for the Rossoneri, as for all the other Italian teams. it will be able to bring you closer to the great clubs of Europe.”