It’s really happening: Wealthy Middle-East investment fund is negotiating the purchase of AC Milan

There was a time when AC Milan were the elite of Europe, fighting every season for the Champions League and delighting football fans around the globe. But for over a decade now, they have been the sleeping giant of Italian football. That could soon change.AC Milan – the “poorest” among the leadersYou won’t get far without a big investment in modern football, whether you’re willing to admit it or not. Milan have been suffering from cash flow problems. With every passing season, the good players would leave to be replaced by cheap replacements. A few sparks of quality only reminded the fans of former greatness and the current lack of it. Do they need millions from Bahrein? Oh, yes, they do.Tuesday, 22.00: (2.00) Inter (3.50) Milan (4.10)After a few days of rumours and speculation, the Bahrein Embassy in London confirmed today that the Investcorp is indeed in talks with Milan’s current owners, the Elliott Management Corporation, over a $1.1 billion takeover of the San Siro club.It’s not the first time the American owners are linked with selling Milan, but when it happened in the past, representatives of the American fund always denied reports. This time it hasn’t happened yet. The timing of the deal may not be ideal as the Rossoneri are in the process of deciding the area where to build their new stadium.#Bahrain 🇧🇭 based asset manager @Investcorp has entered in exclusive talks to buy Italian #SerieA club #ACMilan for $1.1 billion. Investcorp was founded in 1982, offers a diverse and truly global investment portfolio and manages over $42 billion in assets across the globe pic.twitter.com/ZRpEWriPVo— Bahrain Embassy UK (@BahrainEmbUK) April 18, 2022 The plans are already being discussed even though the takeover hasn’t officially gone through. They want to build a new stadium to replace the ageing San Siro. They want Milan to keep up the elite clubs that have left the Rossoneri behind in the past 10 or 15 years.We’re in for some exciting times.

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