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Sale to AC Milan: Liverpool investors RedBird Capital are eyeing the purchase of a Serie A club, according to the report

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Liverpool investors RedBird Capital are in talks to potentially own Italian giants AC Milan, according to ESPN. The New York-based group and investor in Fenway Sports Group is competing with Bahrain-based Investcorp after the club was reportedly put up for sale earlier this year.

According to the report, RedBird approached US investment group Elliott Management Corporation, Milan’s majority owner. This comes after Investcorp was reportedly in exclusive negotiations with Elliott but failed to reach an agreement with the exclusivity expiring at the end of April. Milan is worth around $1.26 billion, according to ESPN.

Talks between Investcorp and Elliott continue, according to the report. RedBird Capital is also co-owner of the French team Toulouse.

Milan is one of the biggest clubs in the world with the second most Champions League titles of all time with seven. If Liverpool beat Real Madrid in the 2022 UCL final on May 28, they will draw level with Milan’s seven titles. The Rossoneri currently lead Serie A by two points with three games to go and are looking to end an 11-year league title drought. You can watch every Serie A game this season on Paramount+ as the league leaders take on Hellas Verona on Sunday.

https://www.cbssports.com/soccer/news/ac-milan-sale-liverpool-investors-redbird-capital-eyeing-serie-a-club-purchase-per-report/ Sale to AC Milan: Liverpool investors RedBird Capital are eyeing the purchase of a Serie A club, according to the report

Justin Scacco

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