L’Equipe: Bahrain-based fund worth over $37bn in talks to buy AC Milan and Lille

By Oliver Fisher -

There could be some news soon about the future of AC Milan from an ownership point of view because a Middle Eastern group are keen on buying the club.

According to French newspaper L’Equipe (via TMW) focuses on the ownership situation at Milan and all the doubts that there are about Elliott Management and whether they see the club as something they want to hold on to for the long or even medium-term.

In this regard, Milan are in contact with the Middle Eastern investment fund Investcorp which would like to buy both the Rossoneri and Ligue 1 club Lille. Investcorp were founded in 1982 and their modus operandi is to allow wealthy Middle Eastern families to invest in markets and development projects.

They are located in Bahrain, and there are certainly questions about whether the recent trips out to the Dubai Expo by the club might have helped to drum up some interest. As of 2019, Wikipedia writes that they have over $37bn in assets under management.

Tags AC Milan

6 Comments

  1. What matters is to see our Ac milan was build with super stars like Man city and PSG please sell it to Asian power house, I really want to see my beloved Milan back to being European Kings once again

  2. No, not another Investcorp, please. They never focus on developing teams and trophies, they only care to buy and sell like a player hub. Just because they need to show positive numbers and charts on their yearly income pitches. We need a strong person who loves AC Milan and is ready to invest in it without expecting quick outcomes. Someone like Abramovich but not tied to corruption.

    1. Not reliable source. Just passed rumour. If only arnault interesting or someone have full passion for club’ like roman Abramovich

    2. You are right. From one investor to the other. It is only business, not love for club. But, Elliot will sell for money, they do not care what is going to be with club in future.

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