AC Milan: US investment fund completes €1.2bn takeover

Serie A giants Milan said in their statement that Major League Baseball giants, the New York Yankees, will also have a “minority equity stake” in Milan, who won their first Serie A title in 11 years last season, through their owners Yankee Global Enterprises.

“We will support our talented players, coaches and staff to deliver success on the pitch,” said RedBird’s founder Gerry Cardinale in the statement. “We will look to leverage our global sports and media network, our analytics expertise, our track record in sports stadium developments and hospitality to deliver one goal — maintaining Milan’s place at the summit of European and world football.”

RedBird’s purchase of Milan comes after they bought a minority stake last year in Fenway Sports Group, the owners of Liverpool and MLB team Boston Red Sox and a majority stake in French Ligue 1 club Toulouse in 2020.

Okay

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

We're not getting enough value for N3.2bn spent on pipeline security - Finance MinisterThe Minister of Finance, Budget and National Planning, Zainab Ahmed has said that Nigeria is not getting value for billions of naira it is spending on pipeline security to address vandalism. It's better to spend it on pipeline security than you guys looting it. Who is this one deceiving? Thanks for the update
Herkunft: Daily Trust - 🏆 13. / 51 Weiterlesen »

We're not getting enough value for N3.2bn spent on pipeline security - Finance MinisterThe Minister of Finance, Budget and National Planning, Zainab Ahmed has said that Nigeria is not getting value for billions of naira it is spending on pipeline security to address vandalism. This office is too big for this woman Finance Budget & National planning
Herkunft: Daily Trust - 🏆 13. / 51 Weiterlesen »