The New York Yankees baseball club and investment fund Main Street Advisors, whose investors include a four-time National Basketball Association (NBA) champion james lebron and Canadian rapper Drake, will become co-owners of the football club “Milan” reports FinancialTimes .
In June, it was announced that the new owner of AC Milan would be American investment company RedBird. The operation, valued at 1.2 billion euros, will be finalized in September. According to the source, RedBird will announce new partners on Wednesday. The company is also expected to officially take full control of the club.
Milan is 19 times Italian champion, five times winner of the Italian Cup, seven times winner of the Champions League (formerly European Champions Cup).
James bought a 2% stake in Liverpool in 2011 for £4.7m. In 2021, the 37-year-old basketball player’s share was estimated at 37 million pounds.
Source : MatchTV
I’m Todderic Kirkman, a journalist and author for athletistic. I specialize in covering all news related to sports, ranging from basketball to football and everything in between. With over 10 years of experience in the industry, I have become an invaluable asset to my team. My ambition is to bring the most up-to-date information on sports topics around the world.
