AC Milan president Paolo Scaroni has reassured fans that everything ‘is going as planned’ with regards to the takeover of the club, but added that there could be a few months before the deal is fully closed.
La Gazzetta dello Sport are among the sources reporting that Gerry Cardinale, the founder of RedBird Capital Partners, has signed the contract for the acquisition of the majority of Milan from the Elliott fund. They state that the official announcement could come in the next few hours, although it is likely to be postponed to tomorrow.
Scaroni, the president of Milan, spoke to Radio Cor – the agency of Il Sole 24 Ore, – at an Anfia event, which is the national automobile industry association.
“Everything is going as planned. I believe that in the next few days the negotiation with the new owners’ fund will take place, even if a few months will pass between signing and closing,” he said (via MilanNews).
“I hope that there is a defined situation in order to be able to face the market that we have in front of us with a clear ownership because this makes life easier for everyone.”
With a very important summer transfer market beckoning, it is important that there is as smooth a transition as possible so that the management can work on bolstering the squad without the threat of now being able to get deals signed off.
Scaroni was also asked about what the future holds for Paolo Maldini after he revealed that he feels disrespected to have not been approached about a contract extension, given his current deal expires at the end of next month.
“The joy and pride for the Scudetto will last a very long time, it was a truly wonderful thing. Maldini was a key element in getting to the Scudetto, let alone if I want him to leave. I tell the fans to continue to be close to us. They always do and will continue to do so,” he said.