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Liverpool Echo
Liverpool Echo
Sport
Dave Powell

UEFA have no cause for concern after Redbird AC Milan takeover and 'super-size' ambitions for Liverpool owners FSG

RedBird FSG AC Milan Milan LeBron James United States Football RedBird Capital Partners Dwayne Johnson Gerry Cardinale

"Our vision for Milan is clear: we will support our talented players, coaches and staff in their commitment to achieve success on the pitch and to allow our fans to share the extraordinary experiences of this historic club."

The first words from Gerry Cardinale, the founder and managing partner of RedBird Capital Partners, have set the tone for a new era for AC Milan after the US private equity firm clinched a £1bn takeover from previous Milan owners, Elliott Management.

It is the latest, most high profile step into the sporting sphere for RedBird, adding to their 11 per cent stake in Liverpool owners Fenway Sports Group, their majority stake in French side Toulouse, ownership of the XFL with Hollywood actor Dwayne Johnson and stake in Indian Premier League cricket side Rajasthan Royals.

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