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Mubadala is a strong supporter of the Investcorp fund for the acquisition of AC Milan from Elliott – as reported by Bloomberg a few hours ago. The company of the United Arab Emirates is directly controlled by the local government (in the state there is an absolute monarchy). Under the figure of the President, Khalifa bin Zayed Al Nahyanit is necessary to analyze a member of the royal family who has particular relevance in this negotiation: the son Mohammedchairman of the sovereign fund.
Being an illustrious person and, consequently, a participant in the political and commercial activity of the Gulf country, what then could his role be? Mainly of acquiring shares within the Rossoneri club to be more active and influential within the Old Continent, since the Milan brand has a vast following within the Arabian Peninsula, or elite to be precise.
Mubadala, we recall, invests locally in many projects, in different sectors such as energy, industry, aeronautics, telecommunications and real estate and having over 200 billion dollars of assets under management. The sovereign wealth fund’s investment portfolio also consists of shares of companies in around 50 countries around the world (with offices in New York, San Francisco, London, Rio de Janeiro, Moscow and Beijing)
Therefore, a possible cooperation in partnership with Investgroup – which already took place in 2017, when Mubadala acquired a stake of 20% in Investcorp – could carry the Milan within the royal family of the United Arab Emirates, which sees, in separate management, domination in modern football with the brother of the President, Sheikh Mansour, owner of Manchester City (and of the “City Football Group”, a holding company created in 2013).
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