The Federal Prosecutor’s Office of the Football Association has archived “as the documents stand” the file is open on Milan’s move from Elliott to RedBird. No consequences on a sporting level, therefore, for the Rossoneri club. Among others, the current CEO had been included in the register of suspects Giorgio Furlani and the former a Ivan Gazidis for obstructing the supervisory functions of the Football Federation.
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Cardinal: “I’m here for a long time, Milan can grow”
The stages of the story
The documents were sent to the prosecutor at the end of March and the search was started, carried out as part of the investigation on the sale of the Rossoneri clubs which took place in August 2022. The price of the sale of Milan is also at the center of the prosecutor’s investigations: the fund Gerry Cardinale acquired the club for 1.2 billion. The prosecution’s hypothesis was that the sale of the majority stake was a carefully planned operation had Elliott retain operational control of the club, with the inclusion of men linked to Elliott in the Rossoneri board of directors. THEMilan no longer runs any risk from a sporting point of view. Instead, the investigation by the Milan Prosecutor’s Office continues, which may have civil and criminal developments
