Perhaps the biggest hint yet that AC Milan are close to being taken over has arrived and it has come from a source who is no doubt very close to potential negotiations.
After Milan’s 2-0 win over Genoa last night, the executive chairman of the Bahrain-based fund Investcorp – Mohammed Al Ardhi – congratulated the team on the win via a post on his Twitter account.
The news exploded yesterday, with Reuters among the authoratative sources to report that Investcorp are in exclusive talks to purchase Milan as per a source close to the deal. The source said the deal to buy the Serie A club is ‘close to being completed’ which suggests that things are moving quite fast.
Bloomberg (via MilanNews) added that Investcorp are close to buying the Rossoneri for a figure of around €1bn ($1.1bn), and added that they may have the backing of a state fund who are worth over $240bn in assets.