One of the main shareholders of Investcorp, the Bahraini investment fund keen on buying Milan, is Abu Dhabi sovereign wealth fund Mubadala, which could have important market ramifications.
Current Rossoneri owners Elliott management are reportedly deep in negotiations with Investcorp regarding a deal worth around €1 billion, with the American fund finally ready to cash in on the Milanese club following their takeover four years ago.
As reported by Corriere dello Sport, Mubadala, the €350 billion sovereign wealth fund from Abu Dhabi, is one of the main shareholders of Investcorp. The CEO of this fund is Khaldun Al-Mubarak, who is also the chairman of Manchester City.
This aspect could be more important than first appears as Investcorp could possibly be a way for the Abu Dhabi government to enter Italian football without getting involved in any dual ownership issues. This could then see Milan given significant investment, allowing them to make greater moves in the transfer market.