Despite recent reports that an Investcorp owned Milan would’ve had hundreds of millions to spend in the transfer market, the reality is far from that.
According to Carmine Villani, MFO’s Managing Director who was involved in Investcorp’s talks to purchase the Rossoneri from RedBird last year, the Bahrain-based fund would’ve been willing to invest around €300-400m in the transfer market, far more than the new owners have spent.
Gerry Cardinale’s RedBird, who paid €1.2 billion to buy Milan in 2022, did not provide the club with a wealthy transfer budget, spending just €50m in the summer transfer window and almost nothing in the January window. The backing from the new owners has frustrated fans, who feel that RedBird haven’t managed to capitalise on their growth and Scudetto success last year.
Sport Mediaset suggests that Villani’s claims of Investcorps’ possible investment is far from the truth for two reasons. The first of these is UEFA’s Financial Fair Play, something that would’ve limited the club’s spending unless unknown mega-sponsors emerged to provide concrete backing.
The second reason is that the Bahraini-based fund would’ve only spent around €70m in the summer transfer window, only €20m more than what RedBird actually spent.