RedBird Capital Partners Completes Refinancing of AC Milan
8 Articles
8 Articles
Official: RedBird Capital confirms Elliott's exit from AC Milan after securing Comvest financing
By: Ben Dixon In the last few moments, it has been announced that RedBird have paid back the vendor loan to Elliott Management, after securing financing from Comvest. Over the course of the past few years, it has been no secret that Gerry Cardinale and RedBird have been searching for investors to help pay off the vendor loan. However, the deal was refinanced in December 2024, with the parties agreeing to a new structure.Since then, the rumours a…
Milan, what will change with Elliott's departure?
As has been known for days, Milan are about to go through a change within their ownership. Note carefully: ownership, not management. From a governance standpoint, little or nothing will change, as Giorgio Furlani will remain chief executive officer and Paolo Scaroni president. (Photo by Giuseppe Cottini/AC Milan via Getty Images) The details On Monday, a Board of Directors meeting was held at Casa Milan to define the so-called "approval", a tec…
As has been known for days, AC Milan is about to experience a change in its property. Eye: property, not top management..
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