The negotiation between the Elliott and Investcorp funds for the sale of Milan is moving quickly, although more quietly. The parties have opted for a low profile after the tweets by Mohammed Al Ardhi and the Bahrain embassy. There should not be any hiccup. The buyers are already planning the next steps, La Gazzetta dello Sport reports.
The new owners will meet UEFA in short order. The balance sheets are under review, like those of most sides. They will communicate that they will carry on with the same strategy the club has been following in the past few years. The Rossoneri have significantly cut the losses through cunning transfer market moves and avoiding large wages.
Moreover, Investcorp will convene with Inter to decide what to do with the new stadium in Milan. The plans to build a new arena in San Siro are going awry. The teams were already looking for alternative locations. The Bahrain fund, which has a branch that specializes in infrastructures, could significantly alter the project or even decide to go solo.
According to the Italian publication, the current management, and especially Paolo Maldini, are likely to stay at the helm despite their expiring contracts. The legend stated before the Coppa Italia Derby: “The squad is listening to the chatter about the takeover with curiosity, but we are logically focusing on the matches now.” Paolo Scaroni could be confirmed as the team president. Instead, CEO Ivan Gazidis, who has strong ties with Elliott, will probably be on his way out.