Milan, RedBird: 'We have ownership and control of the club' - Breaking news. "RedBird Fund IV and its subscribers own 99.93% of AC Milan; the remaining 0.07 is in the hands of individual Italian shareholders who are long-time fans of the Club" "The idea that RedBird does not own and does not control AC Milan is absolutely false and is contradicted by all the evidence and facts, including those that allegedly form the basis of the investigation"