Investcorp are working hard to close out the €1.1 billion deal for Milan soon and they’re planning to stay in Lombardy for the long term.
The Bahraini investment fund are currently in talks with Elliott Management and both parties are hoping to close out the deal by the end of the month, agreeing on a €1.1 billion price tag. The fund are willing to stay with the club for at least a decade, planning a long term project.
As detailed by La Gazzetta dello Sport, Investcorp are keen to continue raising Milan’s competitiveness and they want them to compete with the European greats in the Champions League again. They’ll continue the work started by Elliott, such as the merchandising and social media work or the new stadium project.
The Bahraini fund want Milan to become the new spearhead of their empire, which currently manages around $41.2 billion in assets; their goal is to manage $100 billion within the next seven years.