Class CNBC: ‘Serious, solid, sophisticated and specialised’ – RedBird trying to overtake Investcorp

By Oliver Fisher -

RedBird Capital are serious about hijacking Investcorp’s bid to purchase AC Milan from Elliott Management, according to the latest reports.

Sky News reported earlier today that RedBird – who are an investment vehicle which owns a stake in Liverpool Football Club’s parent company Fenway Sports Group – are trying to hijack the current talks over the sale of the Rossoneri and have offered a figure over €1bn.

According to what is being reported by Class CNBC on Twitter – a news source dedicated to business matters – a source close to the negotiation has told them that RedBird are ‘serious, solid, sophisticated and specialised’.

There is the belief that RedBird Capital could be the absolute best owners for Milan, but Investcorp are not giving up and still hope to close the deal. Among the conditions that will make the difference for Elliott is a financial structure of the bid that does not compromise the structure of Milan by loading it with debts.

Tags AC Milan

9 Comments

  1. What is the belief that RedBird will be better owners? In what sense? How would they be better than Investcorp? Would like to see what analysis or facts make this conclusion. Btw not defending investcorp, just genuinely curious why this is being said.

    1. As a conclusion, I think it is eported that it’s better because they are “specialized” and they’re already part of another similar and successful investment which is Liverpool FC, which means they have what it takes to bring Milan back to the top again, unlike Investcorp who doesn’t have any any prior experience in managing a huge and well known football club such as Milan

      1. U beat me to it. They have experience. Investcorp seem way more shady. At least with Red Bird their results speak for themselves

  2. As much as there is the possibility of more money for Elliott, they should sell Milan to a buy who has Milan at at heart not as money making machine. I prefer the Arabs, they’ve shown what they can do with PSG and City.

  3. No one is comparing and if we must they’ve been more successful compared Liverpool, just UCL trophy missing in terms of football.

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