Source: REUTERS/Daniele Mascolo
[Saba Sports News] Recently, AC Milan officially announced that RedBird Capital and Elliott Fund have completed refinancing related to the club’s acquisition transaction. This refinancing with Elliott, as the sole financing entity, includes an additional investment of €170 million from AC Milan’s owner RedBird Capital, reducing the principal of the loan to €489 million and extending the loan maturity date to July 2028. In response, AC Milan president Paolo Scaroni commented, “Over the past few years, AC Milan’s financial situation has continued to grow and strengthen under RedBird’s leadership, which has made significant contributions as an owner committed to long-term development. We have done a lot of work to ensure the stability of the club, lay the foundation for sustainable operational success, and pass on the legacy, tradition, and values of the Rossoneri.” This financial maneuver not only alleviates the club’s debt pressure but also reflects the long-term strategic layout of the new owners. However, during a recent 1-0 victory over Verona, some fans’ protests were mixed with celebrations, expressing dissatisfaction with Cardinale, reflecting the tension between club governance and fan trust.