AC Milan: AC Milan is one of the most popular and successful football clubs in the world, with a rich history and a passionate fanbase. The club has been owned by a number of different individuals and groups over the years, and the current ownership structure is as follows:
Elliott Advisors is the majority shareholder of AC Milan, with an ownership stake of 69.6%. Elliott Advisors is an American hedge fund that acquired its stake in the club in 2019. The fund is led by Paul Singer, who is known for his activism and his willingness to take on corporate giants.
RedBird Capital Partners is the second-largest shareholder of AC Milan, with an ownership stake of 30.4%. RedBird Capital Partners is an American private equity firm that acquired its stake in the club in 2022. The firm is led by Gerry Cardinale, who is a lifelong AC Milan fan.
Elliott Advisors
Elliott Advisors is a New York-based hedge fund that was founded in 1977 by Paul Singer. The fund is known for its activist investing style, which involves taking large stakes in companies and then pushing for changes in management or strategy. Elliott Advisors has a history of being successful in its activist campaigns, and it has been credited with turning around a number of troubled companies.
Elliott Advisors acquired its stake in AC Milan in 2019 from Chinese businessman Yonghong Li. The club was in financial trouble at the time, and Elliott Advisors was able to negotiate a deal to take over ownership for a fraction of the price that Li had paid for the club.
Since taking over AC Milan, Elliott Advisors has invested heavily in the club. The fund has hired a new CEO, Ivan Gazidis, and has appointed a number of new executives to the club’s board of directors. Elliott Advisors has also made significant investments in the club’s infrastructure, including the San Siro stadium.
Elliott Advisors’ goal is to turn AC Milan back into a major force in Italian and European football. The fund has set a number of ambitious targets for the club, including winning the Serie A title and the Champions League.
RedBird Capital Partners
RedBird Capital Partners is a New York-based private equity firm that was founded in 2014 by Gerry Cardinale. The firm focuses on investments in the sports and media sectors. RedBird Capital Partners has a number of high-profile investments, including the Fenway Sports Group, which owns the Boston Red Sox and Liverpool Football Club.
RedBird Capital Partners acquired its stake in AC Milan in 2022 from Elliott Advisors. The two firms have agreed to work together to help AC Milan achieve its goals.
RedBird Capital Partners is a good fit for AC Milan. The firm has a strong track record of success in the sports and media sectors, and it shares Elliott Advisors’ vision for the club’s future.
The future of AC Milan
The ownership of AC Milan is in good hands with Elliott Advisors and RedBird Capital Partners. The two firms have the financial resources and the expertise to help the club achieve its goals. With their support, AC Milan is well on its way to becoming a major force in Italian and European football once again.
In addition to Elliott Advisors and RedBird Capital Partners, there are a number of other minor shareholders of AC Milan. These shareholders include some of the club’s former players, as well as a number of institutional investors.
The ownership structure of AC Milan is likely to remain stable in the coming years. Elliott Advisors and RedBird Capital Partners are both committed to the club for the long term, and they have no plans to sell their stakes.
The future of AC Milan is bright. The club has a strong ownership group, a talented squad, and a passionate fanbase. With the right leadership and investment, AC Milan is well on its way to achieving its goals of winning the Serie A title and the Champions League.
WRITTEN BY COLLINS