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Elliott to sell AC Milan football club to RedBird for €1.2bn

The deal follows the team's Serie A win and the culmination of the turnaround under the activist investor's management.

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Elliott to sell AC Milan football club to RedBird for €1.2bn

The deal follows the team's Serie A win and the culmination of the turnaround under the activist investor's management.

Elliott Management has agreed the sale of the Italian soccer club AC Milan to the American investment group RedBird Capital through a deal for 1,200 million euros that puts an end to the four years of the firm's incursion in the soccer business.

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