Liverpool owners in shock talks with AC Milan over takeover worth close to £1BILLION after rivals fail to launch offer
LIVERPOOL part-owners Red Bird Capital are weighing up a potential bid to buy Serie A giants AC Milan, according to reports.
A deal to buy Milan could cost Kop minor investors Red Bird an eye-watering £950million.
The Mirror are reporting that the private investment firm has held talks with Milan’s current American owners Elliot Management, who are looking to sell the San Siro-based club.
Red Bird’s potential move comes after period of exclusive negotiations with another interested buyer, Investcorp, collapsed.
Red Bird is run by former Goldman Sachs executive Gerry Cardinale.
And last year they purchased a 10 per cent stake in Fenway Sports Group, Liverpool‘s owners.
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Cardinale’s firm also dipped into the French market and bought Ligue 1 club Toulouse in the summer of 2020.
They also own a 15 per cent stake in Indian Premier League side Rajasthan Royals.
Red Bird claim to have just over £4billion worth of assets under their management, making them an attractive proposition.
And Should a takeover materialise, Red Bird COULD be purchasing the Serie A champions.
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Milan are currently sat two points clear at the top of the table with three league games to go.
Their games are against Verona, Atalanta and Sassuolo..
Defending champions, and San Siro co-tenants Inter Milan, are hot on their heels.