Exposed Red Bird or withdrew, the new owner was exposed, and the Premier League coach was appointed

Mondo Sports Updated on 2024-01-31

According to the Italian newspaper La Repubblica, Redbird Capital is currently in acquisition talks with an Arab consortium. If the negotiations go well, RedBird Capital will give all of AC Milan's shares** to the Arab consortium to exit Milan's operations. In 2022, RedBird Capital spent 1.2 billion euros to acquire all shares in Milan and become the new owner of the Rossoneri. However, RedBird Capital only spent 200 million euros when it acquired AC Milan. They borrowed 400 million euros from the U.S. capital market and another 600 million euros from the Elliott Group to complete the acquisition of the Milan club.

It is reported that Milan's top management is currently raising funds to repay the 600 million euro loan of the Elliott Group to prepare for the listing of **AC Milan club. And the deep-pocketed Saudis are looking for their next acquisition after completing the acquisition of Newcastle United to expand their football territory. The economic depression in Italy in recent years has also directly affected the investment of Serie A teams in the transfer market, and now the Serie A league has long since ceased to be a transit point for the development of talent for Premier League teams. With the Saudi's financial backing, Milan can recruit in the transfer market to strengthen the squad, and soon, AC Milan's overall strength will surpass Juventus and Inter Milan to become the new hegemon of Serie A. What's even more terrifying is that AC Milan can use the connections of Saudi capital to bring in the players they want from Newcastle and Saudi league teams.

According to sources, once Arab Capital completes the acquisition of Milan, the Saudi consortium is likely to re-invite AC Milan's meritorious general manager Maldini and Samara to return to Milan's top management ** club transfers. At the same time, AC Milan will sack current manager Stefano Pioli, and both the Milan hierarchy and the Saudis want to invite current Brighton boss Italian De Zerbi to replace Pioli as AC Milan's new manager at the end of the season. If AC Milan changes hands again and Saudi capital enters Serie A, AC Milan is likely to return to the top and become the new hegemon of Serie A with the financial support of the Saudis.

For AC Milan, whether this acquisition can be successfully completed has a bearing on the future of the team, and even has a profound impact on the title race of Serie A in the coming seasons. After the influx of Arab capital into Serie A, it is likely to prompt the two giants of Inter Milan and Juventus to sell their shares, and the Serie A teams supported by the new owners will continue to rise in competitiveness and compete with Premier League teams. Serie A in the early 90s was hailed as a mini-World Cup, but as Premier League teams continued to increase their investment, Serie A's competitiveness dropped dramatically.

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