sport news American investors RedBird sign agreement for £1.1billion deal to buy Italian ... trends now
sport news American investors RedBird sign agreement for £1.1billion deal to buy Italian ... trends now
American investors RedBird sign agreement to buy Italian champions AC Milan for £1BILLION... as the firm's founder promises to return the club to its 'rightful place' at the top of European football AC Milan will be under new ownership after RedBird signed a deal to buy the club The US investment firm are buying the Serie 'A' giants from hedge fund Elliott RedBird already invest in the owners of Liverpool, Fenway Sports Group Milan sealed their 19th Scudetto - and first for 11 years - on last day of season
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US investment firm RedBird has agreed to buy Serie 'A' champions AC Milan from hedge fund Elliott in a deal worth around £1billion.
Elliott will remain an investor in the Italian giants but the majority stake will be held by RedBird.
AC Milan said the deal is expected to close no later than September of this year.
Italian champions AC Milan will be taken over by American investors RedBird
The deal for the San Siro club, previously owned by Elliott, is worth around £1billion
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