Report: Saudi-led consortium could turn to Milan after abandoning Newcastle takeover

By Isak Möller -

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.

READ MORE – Ibrahimovic sends telling message amid rumours of Milan renewal: “I agree with Zlatan”

Tags AC Milan Newcastle Saudi Arabia

5 Comments

Add a Comment
  1. Kourosh says:

    No thanks.

    Either Arnault or even remaining with Elliot is fine.

    1. brown says:

      come off it dude i will take them anytime anyday

    2. Aria says:

      yes, elliott is fine. they running the club with great planning

    3. A huge Jar says:

      Agreed!!!

  2. A huge Jar says:

    I think elliot is doing just fine and have been the most decent owners in a long time. They will award the manager with a huge transfer war cheat(80-100M) as well. These takeover deals and news have always hurt Milan more than it has helped. So as a fan i am happy with how we are currently doing, we have some talented young stars in our hands, a balanced team and more new additions are expected that will help us further in the challenge for top 4 next season. The competition for top 4 in Italy is tougher than ever specially with the amazing rise of Lazio and Atalanta… So this also will make Milan even more cautious in their growth which is happening slowly but STEADILY. Forza Milan.

Leave a Reply

Your email address will not be published. Required fields are marked *