Repubblica: What Investcorp’s €1bn takeover means for the future of Maldini and Massara

Speculation is now rife suggesting that AC Milan could soon change ownership, and this has raised question marks regarding the future of the current management.

The newspaper La Repubblica (via MilanLive) writes that the due diligence phase has already taken place during which Investcorp have studied Milan’s accounts. The negotiation could be concluded with a positive outcome in a short time therefore, as Elliott Management have been looking for a buyer for a few months who will pay €1bn.

There are now several things that must be clarified such as the impact a change in owners will have on the stadium project and the current management. The Bahrain fund are big on real estate so they will push for a new home, possibly in Sesto San Giovanni.

As regards the management organization chart, La Repubblica writes that the renewal of Paolo Maldini’s contract is not in question, as well as the sporting director Frederic Massara – both will earn an extension.

Maldini is a symbol of Milan and a ‘new are’ under Investcorp would not start very well if he were removed, but in the weeks his future will be clearer, as will the general future of the club.