Redbird Capital Partners already considering Toulouse FC sale

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·2 November 2023

Redbird Capital Partners already considering Toulouse FC sale

According to reports from Bloomberg, American investment fund Redbird Capital Partners are already considering a sale for Toulouse FC, having only acquired the club in Summer 2020.

Just over three years after being bought by RedBird, Toulouse could change ownership once again. A feasibility study has reportedly been launched by RedBird, according to unnamed sources close to the firm.

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Chairman Damien Comolli has regularly referred to the “long-term commitment” of the American ownership, but several of RedBird’s associates (including owner Gerry Cardinale) had resigned from the board of directors to allow Les Violets to participate in European competition.

RedBird capital partners are also owners of Serie A side AC Milan, recent opponents of PSG in the Champions League (3-0).

GFFN | George Boxall