11 September 2022

Italian club under new ownership

On the last day of August and since all financial transactions are completed, RedBird capital officially has became a new owner of Milan. The current Italian champions was purchased for 1.2 billion euros. Partners with the fresh bosses have joined forces with Yankee global enterprises company who will have minor equity stakes in the club.
Major focus of the acquisition would be supporting and investing into infrastructure and facilities, strengthening women and youth teams, together with with the charitable foundation (Fondazione Milan).

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