AC Milan have a huge cup semi-final to prepare for tonight’s but the news is split between that and the potential takeover by Investcorp.
Antonio Vitiello writes in his column for MilanNews that the next month will be ‘intense and passionate, where the present and the future will be decided’. He remarks that it was ‘only a matter of time before a big offer for Milan arrived’ because of the last two years in which the team have been in two title fights, have returned to the Champions League and have gone some way to repairing their accounts.
Milan remains the Italian club with the most worldwide appeal, as recently testified by the YouGov research, so it is natural that the Rossoneri are the ones that appeals to everyone the most especially given how Elliott have increased revenues and lowered costs.
Investcorp are analysing the club’s accounts in detail (the due diligence phase) and it is expected that the closing of the deal for around €1.1bn could come by the end of the season.
Milan will end up in excellent hands because Investcorp are very solid and highly reliable, plus behind them there is giant like Mubadala, the sovereign wealth fund of the United Arab Emirates with assets of over $350bn. Mubadala have 20% shares in Investcorp, and that offers huge guarantees.
Please let this deal go through…
Don’t be so happy. As I wrote before, all what I know, Investcorp wants to use Milan as “jumping bord” for investment in Italy and Europe. They have billions, but still, behind them is Mubadala for this deal. It is not going to be like Roman with Chelsea. There are people with huge money in Investcorp, who wants even more money. They do not care about Milan, because no one club in Italy is able to make money. So…