In the coming days, AC Milan could be taken over by Investcorp, a group based in Bahrain. Negotiations still need to last for the next two weeks before the final answer.
After Manchester City and Abu Dhabi, Newcastle and Saudi Arabia, PSG and the Qatar-based group QSI, will AC Milan have the right to enter a new era with a Bahraini company? The American fund Elliott, owner of the Rossoneri since 2018, is negotiating with the Investcorp asset manager. In the event of a green light and an agreement between the two financial powers, the Lombard club, provisional leader of Serie A five days before the end of the championship, could be bought for around one billion euros. Investcorp embarks on the procedure of detailed verification of the accounts and balances of the Rossoneri so as not to have any unpleasant surprises. According to information from the Gazzetta dello Sport, the check is now ready, but negotiations will continue for the next two weeks. Therefore, AC Milan has a chance of becoming Bahraini property soon. If the club, with seven European crowns, is bought, it will become the first in Italy to be owned by investors from the Middle East.
Alardhi, the man who loves Milan
🔴 Milan x Investcorp:
➡️ The sale could take place even before the end of the season
➡️ Significant transfer window but no transfer frenzy
➡️ management must stay
– AC Milan – FR (@AC_MilanFR) April 17, 2022
Why is AC Milan targeted by Investcorp, mainly active in private equity, real estate, infrastructure, credit management and strategic capital? With this operation, the Bahraini team would make its first acquisition in the world of high-level football. At the center of this project is a man: Mohammed Bin Mahfoodh Alardhi. The latter is an Omani businessman and former military leader, who became CEO of Investcorp in 2015. He is at the center of negotiations with Elliott and has a single goal in mind, to make Milan win the Champions League again. The Lombards are the second most successful club in C1 behind Real Madrid and haven’t lifted the cup with big ears since 2007. Worse yet, they returned to C1 play this season after a seven-year absence and were promptly eliminated. In any case, Mohammed Bin Mahfoodh Alardhi has already begun to introduce himself to the regulars of the San Siro Curva Sud through a tweet. “Congratulations to Milan for being back at the top of the Italian league. Happy Easter to the club » the Omani businessman published this Saturday on Twitter. Will Milan recover the roof of Europe? In any case, he has the opportunity to be at the top of Italian football this season by winning the Scudetto, a title that the Rossoneri have not won since 2011.