Repubblica: RedBird owner schedules meeting with Maldini – Milan takeover close

By Isak Möller -

RedBird Capital, led by Gerry Cardinale, are close to taking over AC Milan. In fact, the preliminary signing of the contract is expected in the coming days and planning will begin shortly after. 

After Investcorp abandoned their pursuit of taking over Milan, RedBird Capital swooped in and an agreement with Elliott Management is now close. The deal should be worth around €1.3bn, potentially rising to €1.8bn based on a few factors.

According to La Repubblica (via MilanNews), Gerry Cardinale is expected to be in Milan between tomorrow and Tuesday. He will first sign the preliminary contract for the takeover and then meet technical director Paolo Maldini, whose contract is expiring.

Everything suggests that both Maldini and Ricky Massara will remain at the club to continue the project that Elliott Management have started. Of course, it remains to be seen what the outcome of the meeting will be. It’s clear that the takeover is just details away, though.

Tags AC Milan Gerry Cardinale RedBird Capital


  1. If Maldini doesn’t sign and continue there shouldn’t be a single fan that will support the new management.

  2. As I think these owners are in it for the money, I am curious as to whether Maldinis high sporting ambitions are compatible with their economic vision for the club. It would not surprise me if they did not renew his contract.

  3. At least someone from the new owners heard what maldini said, even if they are only to make money, thay have to invest in the squad and i think they know that. What milan did this season is what we did or i did in football manager that nice “trick” save and load match to win the league title… anyway, i think the next season will be a lot harder that this one, more teams will get stronger in the league and being 1th seed in CL doesnt necesarly mean we will go past the group stage, we need some upgrades here and there and in my opinion we will get them, at least i hope so

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