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Gerry Cardinale Lapresse Spaziomilan.it
Breaking news Milan, Gerry Cardinale has closed a huge deal. The announcement is expected to be imminent.
The Rossoneri club is very busy on the transfer market front in this period. In fact, once the championship is over, the Rossoneri club will have to reshape its squad. It will be important to plan the coming season as best as possible and we will start immediately with the announcement of who the next Rossoneri coach will be. In the meantime, however, Gerry Cardinale’s RedBird Capital, an American fund that is focusing heavily on Milan in Italy, has no intention of stopping its expansion in the football scene and beyond.
In fact, the American fund controlled by Cardinale has begun its involvement in the world of sport and media since 2022. In fact, after the acquisition of Milan and Toulouse in football, he also wanted to expand to Formula 1 with the acquisition of some shares of the French Alpine team. Now comes the news about a new agreement from RedBird which will also enter the field of film production by entering into an agreement with a brand already known in Italian football. Breaking news.
RedBird and Paramount, new agreement for the American fund
The exponential growth of the American fund in the fields of sport and media continues. Now Gerry Cardinale is aiming for film production and is doing so by making an agreement with one of the industry giants of the modern era.
Milan has changed its mentality and strategies since Gerry Cardinale’s American fund RedBird Capital Partners took control of the Rossoneri club. The American vision of sport transported to Italy is changing the way we enjoy and play sports, not only in terms of football. The fund founded in 2014 in New York does not want to stop.
In fact, RedBird intends to broaden its boundaries even further and after having entered football with Milan and Toulouse, and Formula 1 with Alpine, it will now also enter the field of film production. In fact an agreement was madesecond Gazzetta.it, with Paramounta giant in the sector in the world.
In fact, the American fund together with SkyDance have reached an agreement to acquire majority shares and it will be a great deal 8 billion dollars. Paramount is already known in Serie A as it is the current main sponsor of Inter. The offer was therefore increased after the 5 billion previously presented and now the American RedBird fund continues its growth by entering other sectors also linked to the world of sport.
