According to the latest news from Antonio Vitiello, editor-in-chief of Milan News Network, serie A giants AC Milan club were sold for not the previously reported $1.1 billion, but 1.1 billion euros.
The reporter said that the negotiations between the Bahraini consortium Investcorp Fund and Elliott on the acquisition of AC Milan Club are progressing quickly and very smoothly, and the two sides are expected to reach an agreement and complete the deal by the end of April. Before many media broke the news, the transfer price finalized by the two sides was 1.1 billion US dollars, and after verification, this figure was wrong, and the Bahraini consortium Investcorp Fund bought AC Milan Club from Elliott at a price of 1.1 billion euros, about 1.2 billion US dollars.
There are many Milan fans in the country, and everyone hopes that Milan can quickly recover and become the top team in the Champions League again. Milan have won the Champions League seven times, second only to Real Madrid, who have won the 13th title, meaning the Rossoneri are the second biggest club in Europe. After the acquisition of Milan by the Bahraini consortium Investcorp Fund, it will become the number one purchasing power in Serie A, and the team is expected to introduce a number of strong reinforcements in the summer window to help the team usher in a real renaissance.
Speaking of AC Milan, fans will think of the Milan Three Musketeers, think of Superstars such as Inzaghi and Nesta, and then look at the current Milan front, 40-year-old Ibrahimovic + 35-year-old Giroud, the team urgently needs to be a playing year to strengthen the front line and enhance the team's competitiveness next season.