AC Milan Secures New Financial Deal with RedBird and Elliott

AC Milan has announced a significant financial restructuring, involving a refinancing agreement with RedBird Capital and Elliott Management. This deal includes an additional €170 million investment from RedBird, reducing the outstanding loan amount to €489 million with a new maturity date set for July 2028.

The announcement comes amid recent fan protests, where supporters called for changes in ownership. However, the club’s leadership has reaffirmed its commitment to long-term stability and growth.

Paolo Scaroni, AC Milan’s chairman, emphasized the club’s improving financial position under RedBird’s ownership. He highlighted efforts to ensure the club’s stability, operational success, and preservation of its rich heritage.

As part of its future plans, AC Milan is developing a new 70,000-seat stadium, which aims to be one of the most advanced sports and entertainment complexes globally. However, details about whether this will be a shared facility with Inter Milan or a separate stadium remain unclear.

This refinancing deal marks a significant step in AC Milan’s financial strategy, potentially strengthening its position in both Italian and European football. The club’s leadership views this as a move towards sustainable growth and maintaining AC Milan’s status as one of football’s iconic institutions.