The owner of Toulouse FC offers a giant of European football for 1.2 billion euros
By Thibaut Calatayud
Published on
It is now official. Wednesday August 31, 2022, RedBird Capital Partnersthe American investment fund which already owns the Toulouse Football Clubhas concluded the acquisition of theAC Milan to pay 1.2 billion euros.
A new club for RedBird
With Milan, the fund managed by Gerry Cardinale offers itself a new prestigious stable. As a reminder, RedBird is already investing in the Fenway Sports Group (liverpool, Boston Red Sox, Pittsburgh Penguins), the FC Toulouse or even the cricket team of Rajasthani Royals.
“As the new owners of AC Milan, RedBird is determined to invest in all key areas that advance the sporting and commercial interests of the club, building on the achievements of the past season which culminated in the title of club’s Serie A champion. RedBird’s experience in operating and developing international sports businesses will enable the next chapter in AC Milan’s history to continue on its current one,” reads the statement formalizing the takeover. by RedBird.
Toulouse and Milan will they cooperate?
After this acquisition, should we expect to see the Italian club, seven times winner of the Champions League, associated with Téfécé? Asked by Toulouse News on this subject, on August 22, Damien Comolli remained rather vague.
“A collaboration? We haven’t talked about it. But everything is possible. Anything that can help us progress will be good to take. But I admit that this is not a subject that we have discussed for the moment.”
The president of the Violets had nevertheless assured that the two clubs would remain independent.
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