AC Milan’s future could very well be on the New York Stock Exchange should Elliott Management wish to secure some return on investment.
We spoke to lawyer and football finance expert Felice Raimondo about all things to do with the Rossoneri’s ownership and economic situation, and he made an interesting point regarding a potential future for Milan on the market.
“For me, listing on the NYSE is a very plausible eventuality and would coincide with Elliott’s vision to run the club for a medium to long term, as it would allow Singer to get rid of a portion of the dues, monetising the investment made so far.
“Furthermore, with listing on the stock exchange it would be the market itself that would set the price of the club, and this would facilitate negotiations with potential buyers. Then the qualitative advantage, that is the prestige of being listed on a NYSE listing could attract new sponsors thanks to greater global visibility.
“Finally, listing on the NYSE for analysts is a sign of solidity, so if we wanted to increase the financial debt to find other resources, we would have access to financing at very low rates.”