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Bahrain confirms exclusive talks about buying the AC Milan

???? AC Milan sold for 1 BILLION to Bahrain’s InvestCorp Fund. | MatchCornerTV

Bahrain’s Embassy in London declared on Monday via Twitter, there were “exclusive talks” to take over the Italian league leader for $ 1.1 billion (around one billion euros). The company Investcorp was founded in 1982 and manage the world’s assets of more than $ 42 billion.

Club Director Paolo Maldini had only told the rumors about a change of ownership on Friday, it was normal that the traditional club could be sold in the future. He did not know when that will be. If the purchase of Milan by InvestCorp, for the first time, an investor from the Middle East would have adopted a series A-Club.

The former Italian Prime Minister Silvio Berlusconi had given control of the 2017 club after more than 30 years to a Chinese owner. As early as 2018, a change took place. Since then, the American Investmentgesellschaft Elliott Management Corporation has been owner of the four-time winner of the European Cup of the national master and three times winners of the Champions League.