Gerry Cardinale continues to publicly open the door to the idea of welcoming investment from overseas, and in particular the Middle East.
This morning’s edition of La Gazzetta dello Sport (seen below) points out that even from London during his interview with the Financial Times, Cardinale made it clear that he is open to the right kind of collaboration.
The paper recalls that the RedBird Capital founder and number one has ruled out completely selling the Rossoneri, especially given that he has just arrived on the scene.
Exit strategy? I just arrived and you’re already asking me to leave? We’re nowhere near that right now. Milan is one of the best opportunities in my 30-year career,” he said.
“Of course I want to find a way to capitalise on the investment, but now I’ve just arrived and in any case I want to remain the owner.”
However, the gaze of the Milan owner is more precisely directed towards the Middle East, a destination for increasingly frequent trips in recent weeks.
Potential investors could be interested in the partnership, and Cardinale would be more than willing to open up new resources to invest in the club with the sole aim of increasing the sporting and financial value.
As reiterated by Cardinale, any shareholders could only purchase minority shares or collaborate as sponsors, as partners in the new stadium or indeed as small stakeholders.
Of course, owning a stadium is a big part of boosting the value of a club, especially given that Milan currently share San Siro with Inter and thus the revenues are diluted.
just sell the club already
To whom?
he’s selling to your mum
Hi, I’m Bob and I’m not entirely sure what I am am talking about here…