Serie A: AC Milan soon under the flag of Bahrain and among the very rich in Europe?

As Reuters reported on Friday, AC Milan is in the process of being acquired by an investment fund based in Bahrain. An agreement is on the verge of being concluded with the Americans since 2018 of Elliot Management Corporation, the owners of the Lombard club.

AC Milan could change hands quickly. Reuters reported on Friday that Rossoneri is in the process of being acquired by Investcorp, a Bahrain-based private investment fund. The company has begun “exclusive negotiations” and is on the verge of ending a settlement with the Americans, the current owners of Elliott Management Corporation, which has been in charge of the club since 2018.

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On its website, Investcorp describes itself as “one of the world’s leading managers” enabling families in the Middle East to invest their money in alternative investment opportunities. Contacted by Reuters, Investcorp did not wish to communicate at this time.

Serie A leader after 32 days

AC Milan was acquired by Elliott Management Corporation in 2018. Under the American flag, the Lombard Club returned to the forefront of the national scene. The team-mate of Olivier Giroud, Italy’s vice-champion last season, is currently the leader of Serie A after 32 days, two points ahead of Inter and one match more than the Nerazzurri.

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