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HomeInvestmentSaudi Investment in AC Milan Heats Up

Saudi Investment in AC Milan Heats Up

New developments renew speculation about Saudi Arabian funds in AC Milan

September 7, 2024
in Investment
Reading Time: 1 min read
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Speculation about Saudi Arabian investment in AC Milan has intensified, with new developments emerging.

Gerry Cardinale and RedBird have been actively seeking funds to support AC Milan. This includes exploring partnerships, sponsorships, and even the construction of a new stadium.

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Recently, reports of potential Saudi Arabian investment had quieted down, but new claims from a journalist have reignited interest. These claims were further validated by a document from the Saudi Arabian Ministry of Investment, as reported by La Repubblica via Milan News.

The document, titled ‘Potential Investments from the Kingdom [of Saudi Arabia],’ mentions AC Milan among other companies. While it does not detail the investment’s structure or level, it signals serious interest from the Middle East.

Milan has not commented on this matter, and it remains uncertain whether this interest will translate into a concrete deal.

Tags: AC MilanGerry CardinaleMiddle East fundsRedBirdSaudi Arabian investment
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