Italian champions AC Milan have confirmed a deal for their sale to US investment firm RedBird Capital Partners.
The club said in a statement on Wednesday that RedBird and current owner Elliott Advisors had reached an agreement.
In the agreement, AC Milan were valued at 1.2 billion euros ($1.29 billion).
AC Milan recently won the Serie A title again after an 11-year wait.
RedBird is already active in sports, as an investor in Fenway Sports Group, which owns Liverpool and the Boston Red Sox baseball team.
RedBird also holds a majority stake in French football club Toulouse.
Portuguese superstar Cristiano Ronaldo has announced his retirement from international football after a record-breaking career…
Bandits have killed a soldier, a hunter and a pregnant woman and abducted 15 residents…
England striker Harry Kane has signed a two-year extension at Bayern Munich, keeping the Ballon…
The Minister of the Federal Capital Territory, Nyesom Wike, has denied any involvement in the…
The Nigeria Democratic Congress (NDC) has urged Nigerians to vote for the proposed Peter Obi…
The Nigerian stock market gained N308 billion on Wednesday, November 4, 2026, driven by sustained…
This website uses cookies.