RedBird get a lot of criticism for their handling of AC Milan, but a report today has shown that they are putting the money in.
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A lot is said about RedBird, Gerry Cardinale, and the general management relates to money. Whether it is underpaying, overpaying, or focusing on other areas completely, everything normally boils down to one thing: the amount that the club invest.
The sale of Tijjani Reijnders, understandably, set off the alarms again, especially due to the timings. With the Rossoneri promising that he would stay too, the fans became frustrated with the situation, and things became more toxic.
Those feelings will probably remain, but a report has shown that there is investment in the club.
RedBird’s investment
According to Gazzetta dello Sport, as relayed by Milan Press, only one ownership group has invested more into their respective club than has been invested into the Rossoneri. That would be Roma’s Friedkin ownership, then in second is the Diavolo.
So far, there has been €825 million invested in Milan from Cardinale and co., which is more than €100m more than third-place Juventus. In fact, of the estimated €6 billion invested in Serie A clubs, the Rossoneri’s ownership makes up nearly a sixth of that total.
To make up this figure, there is the €600m spent to buy the club, raised in capital, then another €170m spent to repay the vendor loan in part to Elliot Management.
Investment is there, it seems, but the questions will remain…