While the rumours from across the navigli speak of Inter being in a very precarious financial position, AC Milan’s owners RedBird Capital Partners continue to go from strength to strength. Currently, RedBird are backing Skydance Media, which is negotiating an acquisition of Paramount Global. For example, in March a political case arose in London over the attempt by the RedBird IMI joint venture to acquire The Telegraph newspaper and the Spectator magazine. The protests, which opposed foreign ownership for one of the country’s most important publishing groups, led RedBird IMI to abandon the negotiating table. Well, fans never have to worry about the owners failing to meet capital requirements, given the sheer magnitude of assets under management.

Source: Wall Street Journal May 19, 2024 01:45 UTC