redbird

Dest signings highlights the big difference between Elliott and RedBird

Posted on by Rossonero
Dest signings highlights the big difference between Elliott and RedBird

Within 24 hours AC Milan completed the signing of Sergino Dest from Barcelona thanks to the quick approval of RedBird. In the last day of August, RedBird Capital completed the purchase of AC Milan club from Elliott Management for a figure of €1.2 billion plus bonuses. Gerry Cardinale becomes the fourth owner of the Rossoneri club in the last six years. At the same time, 31 August marked the end of the summer transfer window….

Read More

New club: Elliott may acquire AC Milan rivals

Posted on by Rossonero
New club: Elliott may acquire AC Milan rivals

Elliott Management may remain in Serie A after selling AC Milan to RedBird. The Americans are reportedly interested in another club. Since yesterday the ownership of AC Milan has officially changed. The final closing will arrive around September but RedBird Capital have taken over at San Siro. The American fund will manage the club in the coming years with a new sports and financial project. RedBird Capital, led by Gerry Cardinale, has acquired the majority…

Read More