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.
The Federal Government has arraigned the President of the Borno State Youths Association (BOSYA), Samaila…
Operatives of the Nigeria Security and Civil Defence Corps (NSCDC) have arrested four suspects over…
The Federal Ministry of Finance has disowned a fake message demanding N50,000 from newly recruited…
The Department of State Services (DSS) on Wednesday rearraigned two convicted Ansaru terrorist commanders and…
The Osun State Police Command has detained Secretary to the State Government, Teslim Igbalaye, along…
The House of Representatives Ad Hoc Committee probing the activities of the controversial Presidential Foreign…
This website uses cookies.