RedBird Capital have big plans for AC Milan as they want to recreate the model that Manchester City have managed to build, a report claims.
Tuttosport (via MilanNews) writes that on Wednesday and Thursday the process of the transfer of shares will officially begin and Gerry Cardinale’s RedBird fund will become the new majority owners of Milan, taking over from Elliott Management.
Milan will therefore become part of the American network that from 2013 onwards has acquired winning clubs all over the world, and one of their first objectives will be to renew the contracts of directors Paolo Maldini and Ricky Massara.
RedBird Capital’s target is to form franchises to create value and links for players around the world, just like Manchester City have managed to do with the City Football Group. It certainly shows ambition from the fund, and the desire to create something bigger than just a Milan team that wins.
