GdS: ‘New investors’ or ‘new fund’ – the possibilities of Cardinale’s potential loan extension | OneFootball

News broke this morning of the fact that Gerry Cardinale is seeking a three-year extension of his vendor loan to pay for AC Milan, and there could be new possibilities as a result.

There are no doubts in Cardinale’s mind about the Milan project. Despite this season’s shortcomings so far, there is still a fantastic project possible, and the Rossoneri can only progress, especially with the possibility of a new stadium being built.

For this reason, there is no interest in selling his shares or anything of the like, at least not yet, according to reports yesterday.

However, investment in the future is very possible as Gazzetta dello Sport (seen below) reports. Should Cardinale refinance the loan owed to the Singer family – which currently stands at €693 million – then it will allow the American greater flexibility with the payment.

As a result, the belief is that there will be a better ability to find ‘new investors’ given the longer timescale of the loan – it was reported that he was searching for investment earlier in 2024, so a year of payments compared to three probably was not favourable.

Additionally, the entry of a ‘new fund’ cannot be excluded, according to the report, which opens up other possibilities.