The prospective sale of AC Milan may have taken a swing in favour of one of the interested parties that indirectly own part of Liverpool.
RedBird Capital Partners, the private equity firm that has owned 11 per cent of Liverpool owners Fenway Sports Group since March last year, are now believed to be the frontrunner to acquire a majority stake in Italian giants AC Milan from the US-based Elliott Management Corp, a fund lead by US investor Paul Singer.
RedBird had faced competition for the right to take over at one of European football's biggest and most storied clubs, that are on the cusp of winning the Serie A title, with Bahraini investment fund Investcorp, but reports today suggested that they had put any plans to buy into the club on hold.
