MN: RedBird-Elliott signing could happen next week – renewals the first task at hand

By Oliver Fisher -

AC Milan’s sale is expected to take a decisive step next week as the signing of preliminary contract is expected, according to a report.

Virtually every major media source covering Milan have now confirmed that Investcorp have dropped out of the race to buy the club thus giving RedBird Capital a clear path, and now the American fund are pushing ahead to purchase the Rossoneri from their compatriots Elliott Management.

MilanNews writes that the signing of the preliminary contract could happen next week, which is the step that precedes the closing of the deal, i.e. the actual transfer of the shares into the hands of the new owner.

Once the sale has been completed, work can begin on a crucial summer transfer market and a number of contract renewals will become the subject of discussion, including those of the technical director Paolo Maldini and the sporting director Ricky Massara.

Tags AC Milan
Serie A Standings

Live football scores . Current table, fixtures & results.