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ROME: AC Milan said on Wednesday (Jun 1) that its current owners, investment fund Elliott Management, have agreed to sell the newly crowned Serie A champions to rival fund RedBird for €1.2 billion (US$1.3 billion).
European champions Italy will take South American champions Argentina in the inaugural Finalissima at the Wembley Stadium in London on Thursday. Italy, who have failed to qualify for this year's FIFA World Cup, won Euro 2020 at the same venue after beating England in the final. Argentina, on the other hand, won their record-equalling 15th Copa America, and the first since 1993, after beating arch-rivals Brazil 1-0 at the Maracana in Rio de Janeiro. Italy skipper and veteran defender Giorgio Chiellini will also bid adieu to international football after this game.
U.S. investment firm RedBird have agreed a €1.2 billion deal to buy Serie A champions AC Milan from hedge fund Elliott, the club confirmed on Wednesday.
Giorgio Chiellini believes it will be "beautiful" to end his international career against Lionel Messi's Argentina at Wembley on Wednesday after leading Italy to Euro 2020 glory at the London ground last year.
Novak Djokovic denied that Rafael Nadal's ability to come back from injury had surprised him during their epic French Open quarter-final. Djokovic ended up on the wrong side of a four-set loss as Nadal took his place in the semi-finals with a performance of huge intensity and quality. Ad/> Nadal's run to the last four has come against the pre-tournament backdrop of retirement talk as a result of the Majorcan's exit from the Italian Open with a recurrence of a chronic foot injury that has dogged him throughout his career.
MILAN :U.S. investment firm RedBird Capital Partners has agreed a 1.2 billion euro ($1.3 billion) deal to buy Italian soccer champions AC Milan, the club said on Wednesday, while current owners Elliott will retain a minority investment.
Tottenham Hotspur will have to spend €40m (£34m) to sign transfer target Weston McKennie.
Chelsea striker Romelu Lukaku could seal a sensational switch back to Inter Milan just 10 months after he moved in the opposite direction, according to journalist Dean Jones.