Home » today » Sport » Due diligence underway, then signing and closing: these are the next steps in the sale of Milan to Investcorp

Due diligence underway, then signing and closing: these are the next steps in the sale of Milan to Investcorp

MilanNews.it


The negotiation between Elliott and Investcorp for Milan is proceeding swiftly and in the utmost confidentiality, which could soon change owners. The Bahrain fund, which is ready to invest € 1.1 billion to secure the via Aldo Rossi club, is carrying out due diligence which is expected to be completed in the coming days. The closure of this deal, as reported by the Corriere della Sera on newsstands this morning, is therefore getting closer and closer.

NEXT STEPS – The well-known newspaper explains that, once this phase of analysis of the AC Milan accounts has been completed, the signing should be defined, that is to say the technical step in which the value of the operation is fixed: someone claims that it could already take place this Friday, but in all likelihood it will take a few more days. The next step is the closing, that is the actual passage of the shares from Elliott to Investcorp, which however will hardly take place before the end of the championship because no one wants to distract Stefano Pioli’s team which is still in full swing to win the championship.

CLOSE CLOSE – The negotiation is well underway, many knots have already been resolved and the closure seems to be really imminent. Once the deal is closed, a new era will begin for AC Milan: Investcorp aims to make the Devil grow further both on the pitch, thus making the Rossoneri squad more and more competitive, and away, increasing revenues and thus reducing the gap with the players. other top European clubs.

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.