US Investment Group RedBird Capital Acquires AC Milan
RedBird's Global Expansion into European Football
Deal Worth €1.2 Billion
In a landmark transaction, US-based investment group RedBird Capital has acquired one of Italy's most iconic football clubs, AC Milan, in a deal valued at €1.2 billion (approximately $1.3 billion).
This strategic move marks a significant expansion for RedBird in the European football market. The investment firm, which specializes in sports and media, adds AC Milan to its portfolio that already includes the XFL football league in the United States.
AC Milan, founded in 1899, boasts a storied history with numerous titles and championships. The club is currently home to 16 players who have represented their national teams.
RedBird's acquisition of AC Milan underscores the growing global appeal of European football and the increasing influence of international investment groups in the sport.
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