Cardinale and Furlani seeking investors in Milan – report  ...Middle East

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Multiple reports suggest that RedBird Capital CEO Gerry Cardinale is seeking new minority investors in Milan.  According to suggestions from La Verita on Thursday morning, Milan will soon have to repay a loan of around €550m granted by previous owners Elliott Management at the time of the club’s sale in June 2022.  The loan, including interest, is due to be repaid by August 2025, however, La Verita indicates that Elliott, specifically the Singer family who control the investment firm, have requested that it be repaid sooner rather than later.  This is one of the main reasons why Cardinale is on the lookout for new investors in the Rossoneri.  There have also been suggestions fro

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