"In December, it was reported that they would not be supporting any moves made in January, with the budget expected to be fairly low. However, this now seems to be changing, with Milan desperately pushing to make a few late signings, which would be headlined by the addition of a new striker in Jean-Philippe Mateta. Additionally, the renewal of Mike Maignan could be confirmed shortly, which would only strengthen the image of the owners."
"Our ownership of AC Milan is driven by a long-term commitment to the Club, its leadership in the city of Milan and its heritage as one of the most successful European football clubs in the world. With the San Siro project now underway, we are even more confident in the Club's trajectory and our ability to support its continued growth and success."
RedBird refinanced the vendor loan used to initially purchase AC Milan, allowing Elliott to exit and improving the club's financial position. RedBird had previously limited January spending, but the situation is shifting as Milan pursues late signings, notably targeting striker Jean-Philippe Mateta. The renewal of goalkeeper Mike Maignan could be confirmed soon, which would bolster owner credibility. Gerry Cardinale emphasized multi-year work to return the Club to profitability, build a sustainable foundation, and maintain a long-term commitment to Milan, citing the San Siro project as a factor in increased confidence and future growth plans.
Read at SempreMilan
Unable to calculate read time
Collection
[
|
...
]