The New York Yankees baseball franchise and Los Angeles Main Street Advisor investment fund - which includes LeBron James, music producer Jimmy Iovine and rapper Drake - will invest in Milan with RedBird.
The Financial Times writes, adding that the expected closing is scheduled for tomorrow, when the entry of the new partners will also be announced.
"The agreement - reads the article - could include AC Milan programming on Yes Network, a regional sports network owned by a consortium which, in addition to the Yankees, also includes Amazon, RedBird and Sinclair Broadcast Group. LeBron James, Iovine and Drake are passive investors through the fund and will therefore not have direct holdings ".
Sources close to the property do not comment on the