MN: Two more big investors in RedBird’s Milan revealed – one has a $100bn turnover | OneFootball

Two more investors in AC Milan have been revealed as the closing of the takeover will occur tomorrow, according to a report.

MilanNews confirms that the New York Yankees and Main Street Advisors (an investment fund from Los Angeles who have LeBron James and rapper Drake among their investors) will become shareholders in the club as part of RedBird Capital’s takeover.

However, two other large groups of investors who will join RedBird. One is Kaiser Permanente, an American group with a turnover of $100bn that operates in the medical industry, and the other is LACERA which is the pension fund of Los Angeles County.

The two groups are considered ‘institutional investors’ for RedBird, who did not go to the market in search of investors but rather had such institutional investors that they gauged the interest of.

Riccardo Silva will also be an investor, the only Italian in a pool of about ten. Silva is the president and owner of Miami FC, a big Rossoneri fan and a great friend of the Cardinale family.

More Stories / Exclusive

SM: AC Milan Women closing in on signing of Empoli forward Dompig

16 August 2022, 16:00

SM: AC Milan’s 2022-23 contract situation – the deadlines and salary of each player

16 August 2022, 13:08

SM: Krunic close to renewing until 2027 – why Pioli and the management all agree

11 August 2022, 21:34