(ANSA) "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 supporters 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."
This is the statement from a RedBirdin spokesperson regarding the change of ownership of Milan.
"When we took control of the Club after the closing - continues the statement from the RedBird spokesperson -, Elliott provided a loan to RedBird with a three-year maturity and no voting rights. Our goal is to bring Milan back to the top of Serie A and European football, everything else takes time away from achieving this objective. No discussions have taken place with any investor who could exercise control over the Club. RedBird is the controlling owner of AC Milan - it concludes - and will remain so."
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