Reuters reveals AC Milan is the concentrate on of sale talks with Bahrain-centered Investcorp – Reuters Information Agency

Reuters solely documented that Bahrain-domiciled asset manager Investcorp has entered into exclusive talks to order Serie A club AC Milan, in what would be the very first takeover of a major Italian workforce by Center East traders. Just one resource near to the talks instructed Reuters the offer to purchase the 7-time European champions from present operator Elliott Management Company was in the vicinity of to completion. A opportunity valuation for the club would be in the location of one billion euros such as financial debt.