As takeover speculation continues to dominate the news surrounding Milan, it seems the current management can continue with their work as planned.
According to MilanNews, RedBird have won the race to buy Milan from Elliott Management. The American fund have offered €1.3bn to buy the club and have assured the current owners that they could remain with a minority stake.
This would ensure continuity with the project, and for this reason the current board and management are expected to remain (including Maldini, Massara and Gazidis) because the work they have done is what has gathered the esteem of potential new buyers.
Calciomercato.com confirm that Elliott should remain at Milan with a small stake that will allow them to help the new owners in the transition and to cover a supervisory role that is also useful in relations with UEFA. As a result, Elliott are pushing for the renewal of the contract of Maldini, Massara and chief scout Geoffrey Moncada (plus his collaborators).
