Part Liverpool owners RedBird capital have made an offer for AC Milan, according to reports. There might be a relationship here.
This comes from Sky News. Liverpool owners RedBird capital have apparently bid £850m (€1bn) to buy AC Milan. The Italian giants are up for sale and welcoming bids.
Now, RedBird are only part-owners of Liverpool, of course. They bought a 10% stake in FSG last year for around £750m, giving them a 10% stake in the Reds by default.
Now it appears they want a club outright and see the seven-time champions of Europe as an opportunity. It would mean Liverpool and Milan have a relationship of sorts, even if RedBird lack power with the former.
Liverpool and AC Milan
It’s a fairly unique one – you don’t typically see any kind of ownership between two elite clubs like this. It should be said that RedBird capital already own French club Toulouse, too – they’re building a portfolio here.
As for how this is possible, UEFA rules would allow for RedBird to own a stake in two Champions League clubs as long as one of those stakes isn’t controlling. Owning 10% of FSG doesn’t give them any real voting power at Anfield, meaning this shouldn’t really be an issue for them.
7 Footballers Who Were GENUINELY Irreplaceable
In fact, as we wrote at the time, the RedBird capital deal with FSG didn’t affect Liverpool much at all. It simply handed a lot of cash to the Reds’ owners – it didn’t go to the club.
Another interesting side-note here is that RedBird apparently thought about bidding for Chelsea earlier this year. That’s according to ESPN, though they eventually didn’t get anywhere – if they ever did bid.
RedBird clearly see massive potential in European football investment, though. Liverpool are just a part of that and if they do buy AC Milan, the Reds will hold an interesting relationship.