Tuttosport: Investcorp to buy Milan for €1bn – from the market to the stadium fans can dream

By Oliver Fisher -

Despite being in the middle of a fight for the Scudetto, the media headlines surrounding AC Milan are mostly about the potential takeover.

According to Tuttosport (via MilanNews), the Rossoneri are very close to being sold to the Arab fund Investcorp. The reasons that they are interested in the club are multiple and are thanks also to the excellent work Elliott Management have done, because they have streamlined the budget and brought the club back to fighting for trophies.

There are now no debts with third parties and that is why the club are once again attractive on the market. Investcorp have exclusivity in talks for another two weeks and they have accepted the €1bn demands plus the other conditions laid out by the American fund.

It is likely that everything will be closed at the end of the season, and it will be interesting to see what happens on the stadium situation because it cannot be ruled out that the new owner may go for their own structure thus breaking away from Inter.

Through his Twitter profile, the executive president of Investcorp – Mohammed Al Ardhi – commented on Milan’s win over Genoa, writing: “Congratulations to Milan for being back at the top of the Italian championship. Happy Easter to the club, to the his fans and all those who celebrate on this occasion.”

It is a tweet that certainly functions as a strong hint, and the paper concludes by saying that Milan can dream of an important transfer campaign for the summer.

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