FT: Promotion in France and an acquisition in Italy – Gerry Cardinale’s memorable week

By Oliver Fisher -

It has certainly not been a quiet time for Gerry Cardinale over the past week as he achieved a number of different things, a report claims.

As the Financial Times (via MilanNews) writes, Cardinale has had what could be described as a dream week. The founder and elading man of RedBird Capital signed the documents to start the transfer of ownership from Elliott Management to their compatriots.

Meanwhile, another of RedBird’s projects in Toulouse had some success too as they achieved promotion, thus returning to the top flight – Ligue 1 – and making sure their stay in the second division was a short one.

Now, Cardinale owns Milan who are the champions of Italy and the next few weeks will determine whether the ambitions of the new American owner of the club will correspond with what the fans are expecting, which is a step forward in the project and more backing for the management.

Tags AC Milan

1 Comment

  1. maybe we could loan our young player to Toulouse so that they can have playing time in league 1 France.. experience abroad especially in France is worth to try for young player I guess.

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