🚨 RedBird Capital Partners has reached a preliminary agreement to buy Milan. Redbird is set to buy the club and a deal could be announced as soon as next week. The transaction may value Milan at roughly €1.3 billion. Elliott is set to keep a minority stake in Milan. 👉 No formal agreement has been signed and the deal could still be delayed. Redbird beat out competition from Middle East asset manager Investcorp in the battle for Milan. (Bloomberg)
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