According to Sky Sports UK, Liverpool’s minority shareholders RedBird Capital Partners have made a €1 billion bid to buy Milan.
The Rossoneri owners Elliott are in talks with Bahrain-based fund Investcorp over a €1.18 billion takeover, but the exclusive negotiation period is believed to have ended at the beginning of May.
According to Sky Sports UK, RedBird Capital Partners have joined the race to buy the Rossoneri, making an offer in the region of €1 billion. RedBird acquired a 10% stake in Liverpool last year for €750m.
Investcorp’s offer is higher than the last one received by Elliott, but RedBird Capital is now in the race.
Previous reports in Italy suggested that Elliott and Investcorp were close to reaching an agreement and that the Rossoneri will have a €300m transfer budget in the summer if the Bahrain-based fund completes the takeover. It remains to be seen if the latest bid from RedBird will change the scenario.
Exclusive: RedBird Capital Partners, the US-based owner of a minority stake in Liverpool FC’s parent company, has approached Elliott Management, the hedge fund owner of AC Milan, with a €1bn-plus proposal to buy the Italian football giant. https://t.co/N0urYBB4jh
— Mark Kleinman (@MarkKleinmanSky) May 5, 2022
Please elliot do not sell milan to another usa firm
Investcorp are a better option and will deliver success on and off the pitch
Investors in Liverpool have proven results. Please no more oil mafia money from dictators & oligarchs.
@boh!
Agreed. Milan are better than that.
Agree 100% with boh!
750m for 10% of the club?!
Does that mean Liverpool is worth over 7 billion euros?
@boh These investors bought 10% last year so had little if anything to do with Liverpool’s success.
@Milan Fan
Chelsea bids are around 4-5bn right now so may well be.
They bought 10% of Fenway, the business that owns Liverpool AND a number of other sporting club in baseball, basketball etc, NOT 10% of just Liverpool FC
Milan look like hot property right now.