London Lecks suggests that Cardinale is looking for an AC Milan buyer

Gerry Cardinale has started the sales process or the entirety of his share in AC Milan, a report claims, but the high price has a serious problem.

It was an incredibly disappointing season for Milan, which is expected to miss the Champions League for the first time in five years. The financial effects will be significant as we have Also discussed in a bonus on SubstackAnd it could be that Cardinale can leave business.

According to the financial porter from IL Sole Sole 24 Ore, Carlo Festa, noise from London suggests that Cardinale at least think about a sale, either a minority or a majority. The problem, however, is that he does not want to lose any money when investing.

“From the financial circles of London, a certain activity of the Elliott/Cardinal duo is to find a stock partner/buyer for Milan. The Saudi lead is weak. The actual problem is to find a buyer at the price desired by cardinal that is expected to reappear in the public scene.

“Wall Street Manager does not think like fans, but want to earn money or take a break. Cardinale, which has disappeared from the public scene, understood that he will not achieve a big return, but does not want to lose any money and has to reimburse Elliott,” he tweeted.

If Cardinale had decided to sell before the current campaign, he would have been in a much better position in relation to the negotiation of a high price. However, this is not the case despite the Refinancing of the Elliott -provider loan.