CorSera: Milan about to enter a new era – the final steps ahead of €1.1bn sale

By Oliver Fisher -

Despite an incredibly close Scudetto race heading into the last four games of the season, the headlines are dominated by AC Milan’s future beyond that.

Il Corriere della Sera (via MilanNews) also confirm that the negotiations between Elliott and Investcorp Management over the purchase of Milan are proceeding swiftly and with the utmost confidentiality. The Bahrain fund are ready to invest €1.1bn to buy the club and are carrying out due diligence which is expected to be completed in the coming days.

The closure of this deal is getting closer and there is some suggestion that the signing of documents could take place on Friday, but in all likelihood it will take a few more days. The next step is the closing, i.e. the actual passage of the shares from Elliott to Investcorp, but that will not take place before the end of the season for reasons of stability.

Once the deal is closed a new era will begin for Milan and Investcorp want to make the Rossoneri grow further both on the pitch – making the squad more competitive – and off the field by increasing revenues.

Tags AC Milan

2 Comments

  1. New era are coming . Maybe not as crazy spend like real Madrid,PSG,manc city,Chelsea ( roman Abramovich era). But atleast can spend more from rubentus and shitinter. Hope AC Milan can reach quarter final CL next season , already 4 season passed Italian club’ cannot reach quarter final CL

  2. They need one month for due diligence? Space shutle to build take less time. I am worry, how they will run club. As I wrote before: Bahrain and football? Especially, when I read, how their president of Investcorp, planing to develop young players.

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