The Saudi Arabian-backed consortium, the Public Investment Fund, seemed destined to take over Newcastle but pulled out in the final stages. Now, they could turn their attention to Milan, a report claims.
According to the Saudi Arabian financial newspaper Sanadeq, the consortium could turn to Milan and try to negotiate a takeover with American owners Elliott Management. The Rossoneri’s recent form, and work off the pitch, has certainly attracted interest.
Compared to previous years, Milan are in a much better position financially speaking, and the hypothesis of Elliott selling to the Public Investment Fund is major. Per the report, should the deal occur, then the Rossoneri would become the richest club in the world.
It would help them return to compete at the top, both locally and abroad, while also being able to buy the best players. That being said, Elliott already have a promising plan in place for Milan and they don’t exactly lack funds either.