Sole 24 Ore: Milan owners RedBird considers stock market listing

By Euan Burns -

New AC Milan owners RedBird Capital Group are considering listing their sporting interests on the stock market to gauge interest, a report claims. 

As has been reported by Il Sole 24 Ore today (via Milan News), the American are company are exploring the idea of listing its sporting interests, of which Milan are one, on the Wall Street stock exchange.

The idea is in its infancy and it is something that can affect Milan as well as other clubs that they are involved in such as Toulouse in France and also the Fenway Sports Group which is the company that owns Liverpool.

RedBird very recently defined their takeover of the club from Elliott Management who had decided that they did not wish to run it anymore.

Part of their process in finding a new buyer was to make sure the new owners do not place the club into financial difficulty after Elliott had fixed a dark situation for the Rossoneri.

Tags AC Milan elliott management RedBird

3 Comments

  1. I’ll tell you what listing Milan in public market means… it means the owners have limited say and the general public who are interested can likely purchase shares. It also spells out the financial situation of the club which we have been aware of for some time especially in the mercato, that the clubs needs money. Going public will generate more income.

    If the club does go public, then I hope all of these ‘highly intellect Milan fans’ commenting in social media can also buy shares so that their opinion will now have weight on how to run the club instead of chat s.h.i.t .

    Since there clearly is no private billionaire willing to buy the club not even those oil country sheiks, or a Russian oligarch, then it goes without saying that without a private investor, the future requires public listing to maintain financial stasis within the company and avoid another Yonghong Li disaster.

    There shouldn’t be any changes in the management of the club if it goes public. The only difference is now there are more shareholders than before and not just one company owner. However, it does reflect on the financial state of the club, that it wants to make more revenue than it currently generates.

    With that said, given the project of the club, I hope some fans do in fact buy shares if it is possible if and when it goes public.

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