RedBird Capital are reportedly evaluating the possibility of selling their shares in Toulouse, a Ligue 1 club, and is in the early stages of studying the feasibility of the operation.
That is according to what Bloomberg reported yesterday (read the full story here). RedBird – from which a ‘no comment’ on the issue has arrived – acquired 85% of Toulouse in 2020, making the French club a model in terms of management of the sports area through data and algorithms.
With RedBird, Toulouse were promoted to Ligue 1 and won the French Cup last season. Among the reasons that lead RedBird to evaluate the sale is (perhaps above all) the potential conflict of interest with Milan.
This is something that UEFA had to address at the beginning of the year, given that Milan and Toulouse participate in the Champions League and Europa League, which are competitions that can overlap.
To overcome this problem, among the various countermeasures there was Cardinale’s resignation from the Toulouse board of directors. In the end, UEFA gave the green light, but RedBird are now evidently considering a total sale. Nothing would change regarding RedBird’s commitment to Milan.
Selling Toulouse is showing commitment to Milan.
Don’t think so, Cardinale still consedring Milan on the bottom of his interest list, avoiding recruitment from Serie A young talented players, maintaining Pioli as a coach, Furlani & Moncada as the Main Actor for the transfer market.
Though, hoping the best
Red bird better selling AC Milan and keep Toulouse.
Toulouse is fighting to stay in Ligue 1 and is getting hammered in UEL this season since their last mercato was a shtshow. They are stagnating now after promising debuts under Redbird, stuck with this salary cap thing and this policy of selling players to sign young cheap ones. Hopefully this is not what lays ahead for Milan.
Hopefully 🙏