Investcorp could end up buying a football club in Milano after all but not AC Milan, who they were linked with purchasing at the beginning of last year.
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Towards the end of last season, Investcorp emerged as the most likely company to buy Milan from Elliott Management, but then reservations over how the deal would be financially structured slowed proceedings down considerably.
La Repubblica recently did an interview with Carmine Villani, who is the managing director of MFO (Multi Family Office Equity Partners), a company that allegedly supported Investcorp in their offer for the acquisition of Milan.
During that interview, he said that they could have guaranteed ‘the subsequent investment on the market of 300-400 million, to immediately bring the team back to the highest level in Europe, as its history deserves’.
According to Il Sole 24 Ore (via MilanNews), Investcorp turned to Inter after failing to buy Milan from Elliott Management and they worked on the deal until last December before admitting defeat on that front too.
However, the paper state that the Bahrain-based group have reinvigorated their interest in the Nerazzurri who could change owners at the end of the season if a top four finish is not achieved.
A possible consortium of investors from Bahrain is being put together, but everything will obviously depend on the requests and the will of the Zhang family.
