RedBird Capital Partners (“RedBird”) today announced that it has completed the acquisition of Associazione Calcio Milan (“AC Milan”, “Milan” or the “club”) for €1.2 billion. For one hundred and twenty three years AC Milan has been synonymous with championship level football. Since its founding in 1899, AC Milan has won 19 Serie A Championships, 7 […]
A report from Bloomberg today detailed how minority investor Blue Skye Financial Partners are looking to block the sale of Milan to RedBird. The minority investor alleges that owners Elliott Management engaged in talks “behind closed doors” to sell the club, in breach of minority rights. Blue Skye are now looking for documents from a […]
American investment firm RedBird Capital have reached an agreement to buy AC Milan for a reported €1.2 billion ($1.3bn). The transition to new ownership will take place over the summer, with an expected closing no later than September 2022. The newly-crowned Serie A champions confirmed the latest development in a statement on Wednesday. “We are […]
