The deal worth 1.2 billion for the purchase of “AC Milan” has been completed – Football – Sportacentrs.com

“RedBird Capital” through its ownership “Fenway Sports Group” owns a number of sports clubs around the world. The most valuable assets are the English Premier League vice-champion “Liverpool”, the French football club “Toulouse”, the American baseball club “Boston Red Sox” and the hockey club Pittsburgh “Penguins”, as well as the cricket club “Rajasthan Royals”.

Among the company’s investors is the basketball superstar LeBron James, who is often seen wearing a “Liverpool” shirt. It is possible that the red and black uniforms of Milan will also be added to his wardrobe in the near future.

An agreement to buy AC Milan was reached in June, but the deal has now been put on hold and is valued at €1.2 billion. Previously, the club was owned by “Elliott Advisors”, which retained a minority share and seats on the board.

In May, “AC Milan” triumphed in the Italian championship for the first time in 11 years, but the new season started with two wins and two draws, settling in third place.

Resources used:
https://www.bbc.com/sport/football/…

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