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Wednesday briefing: AC Milan takeover - New York Yankees and LA fund among new investors alongside RedBird

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31 August 2022 - 3:30 AM

The New York Yankees baseball team and a Los Angeles investment fund are reported to be among a number of new investors in AC Milan as the US private equity group RedBird Capital Partners closes in on its takeover of the club.

The Financial Times understands that the New York Yankees, owned by the Steinbrenner family, and the LA-based fund Main Street Advisors will both become shareholders in the Serie A champions. 

RedBird’s founder Gerry Cardinale has work

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