One of the conditions necessary for the transfer of the Milan is that the buyer guarantees solidity and balance over the years. This is the imperative dictated by the current Elliott a Investcorp, the Arab fund from Bahrain that has been studying the economic aspects of the club for weeks and is preparing the project to increase the team’s ambitions both in Serie A and in Europe. Elliott has taken years to clean up the club’s accounts and expects buyers to keep this virtuous path. Pending guarantees from Investcorp, the deal remains frozen.
The operation may be further delayed due to the insertion of RedBird, who offered a billion euros and would have made Elliott flinch. The US fund represents one of the most prolific investors in the world in the field of sports and associated technologies (with a capital of 6 billion euros). Furthermore, in July 2020, RedBird became the owner of the Toulouse, a French company. already mathematically promoted in Ligue 1.
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