More reports from reliable sources continue to confirm that RedBird Capital will very soon be announced as AC Milan’s new owners.
MilanNews report that Gerry Cardinale’s arrival in Milano is scheduled for today and it will be the penultimate step towards the change in ownership. The signing has already taken place (probably in recent days) which indicates that the formal process has become.
The report adds that an official announcement should come tomorrow over a deal that is worth an initial €1.3bn and will see Milan transfer from American ownership to their compatriots. It is a third change of ownership for the club since Silvio Berlusconi sold in 2017.
The same page then cites ANSA in reporting that the signatures have been signed on a preliminary agreement for the sale of the club. Cardinale is not in Italy at the moment however contrary to reports, but now only the official announcements are awaited, which will arrive in the next few days.
