Not trying to argue....just for clarification.....I can't find anything indicating that the Saudis bought part of team Milan. There was speculation that this might occur, but I can find nothing indicating the sale actually happened.here you go:
Gerry Cardinale (SSG)
Meet the Strategic Sports Group investors, PGA Tour and Saudi PIF executives vying for a place in pro golf's future
On Dec. 10, the PGA Tour’s policy board announced it had agreed to advance discussions with the Strategic Sports Group (SSG) – an outside investment group comprised of U.S.-based professional sports team investors. This, of cgolfweek.usatoday.com
Cardinale: “I have just arrived and I have no intention of selling Milan. My goal is to build a solid and winning team. We are still in second place. And we will never stop aiming to win. I think I'll stay at Milan for a long time.”
Interview/QuotesGerry Cardinale, owner of RedBird and number one at AC Milan, has spoken again about the investigation into the Rossoneri and who really owns the club. Here are his words on Milan and Elliott in his interview with 'Il Sole 24 Ore' on newsstands this morning.
Milan and RedBird. Cardinale's words
"Given the interest I am taking in our ownership, I would like to clarify the facts once and for all: RedBird is the controlling shareholder of 99.93% of AC Milan; the remaining 0.07% is made up of individual Italian investors who are long-time fans of the club. I also asked the New York Yankees to invest a small minority stake together with RedBird as part of our overall investment, given the strong 25-year partnership I have with them.”