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Serie A

AC Milan To Be Taken Over?

Reports suggest that AC Milan are set to be taken over by a new ownership group, with the Italian side said to be in line for a massive war chest for the upcoming transfer window if the deal goes through.

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As the 2021/22 Serie A title race heats up, the Milanese side sits at the top the league table, two points ahead of city rivals Inter Milan in second place.

The Rossoneri will certainly be eager to finally end an 11-year wait to once again be crowned champions of Italy, having last won the Scudetto in the 2010/11 season.

Should they lift the title this year, it could be the first of many in the years to come for the seven-time European champions, with the club reportedly in talks to be taken over by a wealthy ownership group.

According to the Daily Mirror, Bahrain's government announced that a private equity firm based in the country is in "exclusive talks" to buy Milan, with the Bahrain embassy in Britain confirming on Monday that Investcorp, a Bahraini investment fund, is in negotiations to buy the Serie A leaders for $1.1 billion (R16 billion).

Should the takeover go ahead, AC would be the first team in Italian top-flight football to enjoy the riches of Gulf ownership, following in the footsteps of the likes of Paris Saint-Germain, Manchester City and Newcastle United.

It is further claimed that, should Investcorp be successful in their bid to buy the club, Milan would be given a transfer window budget of €300 million (R4.9 billion).

The Italian side has already been linked with the likes of Raheem Sterling, Christopher Nkunku, Marco Asensio and Sebastien Haller as they look to once again establish themselves not only at the top of Italian football but the whole of Europe too.

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