Connect with us

Hi, what are you looking for?

Football Reporting
Football Reporting

AC Milan

Investcorp asked Berlusconi to get in on Milan takeover bid

Investcorp have abandoned their pursuit of taking over AC Milan and it seems the club will remain in the hands of Americans. An interesting background has been revealed on the Bahrain-based fund’s pursuit, though. 

Talks had been ongoing between Elliott Management and Investcorp for quite some time but when the period of exclusivity expired, no progress was made. Then RedBird Capital joined the race, now allegedly just details away from buying the club.

According to Il Sole 24 Ore, as cited by MilanNews, Investcorp asked the former Milan owner Silvio Berlusconi to get in on their takeover bid. A way for them to have an Italian contributor and also increase the corporate equity.

However, even though Berlusconi has joked about making a return, nothing came of it mainly because Investcrop abandoned their Milan pursuit. Furthermore, the rumours have been denied by people close to the former Rossoneri owner. In any case, an interesting background.

Source link

Click to comment

Leave a Reply

Your email address will not be published.

You May Also Like

AC Milan

The summer transfer window is here, and there’s plenty of gossip swirling about who’s moving where. Transfer Talk brings you all the latest buzz...

AC Milan

Contrary to previous reports, AC Milan won’t take on Barcelona in a pre-season friendly this summer. The Rossoneri schedule has already been decided and...

Bayern Munich

Cristiano Ronaldo has made an official request to leave Manchester United this summer so he can continue to play Champions League football next season,...

AC Milan

Hakim Ziyech has been heavily linked with AC Milan over the last 24 hours and it seems the negotiations are proceeding well. The Morrocan...