Investcorp are unhappy with the latest developments in the Milan takeover saga and have sent an ultimatum to Elliott Management, according to a report.
According to La Gazzetta dello Sport, Investcorp have made it known that the money is on the table to buy Milan and if Elliott want to sell the club they know what they must do. The Bahrain fund are not happy with the latest developments in the negotiation and the speculation leaked.
In particular, they are unhappy that news was circulated about Investcorp’s hypothetical attempt to find partners for the operation, such as banks or other investors. It is a hypothesis that the fund strongly reject, assuring they have all the money needed to buy the club.
They believe the offer that they have made is very rich, and therefore they have set an ultimate to Elliott (presumably a time by which they must complete the deal) in order to try and accelerate.