Bahrain-based fund Investcorp are reportedly in advanced talks to buy Milan for circa €1 billion. Here’s what we know so far and live reactions from fans.

French paper L’Equipe reported in the morning that Elliott were ready to sell the Rossoneri following UEFA’s investigation into the suspicious links between Milan and Lille. More sources confirmed the report in the following hours, with Bloomberg adding that the value of the possible deal is in the region of €1 billion. According to Simon Evans of Reuters, the Bahrain-based fund is in exclusivity talks with Elliott.

Sources of Investcorp, Milan and Elliott have declined to comment, but a source close to the deal told Reuters that an agreement is close to being finalised.

It’s not the first time that Elliott 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.

More sources confirm Investcorp in advanced talks for Milan’s takeover

Inter and Milan had approved a project at the end of 2021, the so-called ‘Cathedral’, which is supposed to be built in the area of San Siro. However, constructions works would not begin before 2027, so the Milanese clubs are considering building their new home slightly outside the city of Milano, in Sesto San Giovanni.

Having a club-owned stadium would increase Milan’s value and it’s probably no coincidence that the Rossoneri President Paolo Scaroni has recently claimed that the Serie A giants would pick the ‘quickest project’ to be realised. Inter share the same view, but, as of today, there are no agreements between the clubs and the city of Sesto San Giovanni.

Meantime, fans are debating the possible change of ownership. Check out the latest comments and let us know your thoughts in the comments section below.

4 thought on “Investcorp in exclusivity talks to buy Milan – what we know so far and live reactions”
  1. Milan was the best club in Europe for years, so no reason why it can’t be again. The ground work has been done by Elliott Management, Pioli, Maldini etc. to revive the team and when you look at what has been achieved with that group of players, who are arguably weaker than Inter, Napoli and Juventus, imagine what could happen if there are more funds to invest in really good players

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