Gerry Cardinale will not be present at tonight’s game between Paris Saint-Germain and AC Milan in the French capital but he will be at the return leg.
As La Gazzetta dello Sport reports, Cardinale is not in Paris because he instead went on a business trip to Saudi Arabia, but he will ‘most likely’ be at the return fixture at San Siro on November 7.
Despite not being present tonight, the RedBird Capital founder and number one sent a message of strong support to Stefano Pioli and the players from Riyadh, the capital of Saudi Arabia.
He is there on a business trip that today saw him participate in the seventh edition of the ‘Future Investment Initiative’ in an event entitled ‘The new Compass’, taking the stage for the panel ‘Sports Town Hall-Disrupting Tradition Sports’.
Cardinale was there along with Jean Todt-current UN special envoy for road safety, former Fia president and former team principal of Ferrari in Michael Schumacher’s time.
The panel discussed the rapid expansion of sports and investment in teams, stadiums, infrastructure, and emerging talent and how these are shaping the future of entertainment and sports in general, asking how investors, governments, and organisations can foster the growth of sports on a global scale.
The total sports market, it should be remembered, is worth about $512.14bn in 2023 and is expected to soar to $623.63bn in 2027.