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Reports claim that Jerry Cardinale’s travels to the Middle East have intensified in recent weeks and he is looking for investors to join AC Milan.
As this morning’s La Gazzetta dello Sport newspaper (see below) writes, Cardinale wants to find an investor or minority shareholder interested in cooperating as a sponsor or partner for a new stadium owned by Milan. I believe.
This was announced by Cardinale himself in an interview he gave to Calcio e Finanza in recent hours, in which he reiterated that he has no intention of relinquishing control of Milan.
“We need to keep global economic trends in mind and there is no doubt that there is a lot of liquidity and appetite for investment in sports in the Middle East,” he said.
“We welcome potential partners to join us as minority shareholders, but as I said earlier, I have no intention of giving up control.”
This is the first time Cardinale has spoken publicly. accepted the idea of selling the stock In Milan. Redbird’s interest in this area is known, and the American fund actually has a representative in Dubai, an office in Abu Dhabi, and is waiting to open an office in Riyadh.
The objective of finding new targets willing to invest in the Rossoneri is very simple. It’s about building a stronger Milan, generating more revenue and then reinvesting into the club.
There is no shortage of money and desire to invest in sports, especially soccer, in the Middle East.
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