A representative of RedBird Capital has denied reports that Cardinale plans to sell his 22% stake in Milan, however, according to Saturday’s update, AC Milan’s shareholders are still seeking new investors.
La Repubblica reported on Friday that Cardinale was planning to sell his 22% stake in Milan, but a spokesperson subsequently told Reuters that he had no intention of severing ties with the club.
La Gazzetta dello Sport and Calciomercato suggest that RedBird Capital may still be looking for new investors and that there might be a transfer of shares on a smaller scale which would not affect the control and daily operations of the club. The goal of the club’s owners remains unchanged, aiming for AC Milan to be at the top level in Serie A and the Champions League. According to Calciomercato, the minimum target for this season is to secure qualification for the 2025/26 Champions League.
Off the field, the top priority for the club’s owners is to resolve the current stadium issue, whether it involves pushing forward with the construction of a new venue or reaching an agreement for a major renovation of the existing San Siro stadium.
Italian Media: RedBird Capital Denies Reports That Cardinale is Preparing to Sell % Stake in Milan. Author：Sports UEFA.Please indicate the source when reproduced：https://www.sportsuefa.com/football-world/italian-media-redbird-capital-denies-reports-that-cardinale-is-preparing-to-sell-stake-in-milan.html
