MN: Milan expected to be sold for more than initially thought as clarifications arrive

By Oliver Fisher -

Clarifications and updates are arriving all the time regarding AC Milan’s possible takeover by Investcorp, and a rather significant one has been revealed today.

Multiple reliable sources are now reporting that the Rossoneri’s era under Elliott Management could well be ending after just under four years as the Singer family have received an offer to buy the club from a Bahrain-based fund.

According to what is being reported by MilanNews, the negotiation between the American fund and Investcorp for the sale of the Rossoneri is proceeding quickly and is expected to reach a positive conclusion.

They go on to report that the correct figure for the sale of Milan is €1.1bn and not $1.1bn as has been claimed in recent days, which obviously means that the club are being sold for more than was initially thought – another sign of how strong the desire of Investcorp is to own such a historic and prestigious club who have a bright future thanks to the work of Elliott.

Tags AC Milan

3 Comments

  1. They go on to report that the correct figure for the sale of Milan is €1.1bn and not $1.1bn as has been claimed

    Huh?????

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