By: Ben Dixon In the past week, it has been reported that AC Milan owner Gerry Cardinale has been interested in buying a stake in Al-Nassr and there’s now an update. Over the past few years, there has been a…
AC Milan owner Gerry Cardinale and his firm RedBird are reportedly leading a consortium to purchase a stake in Saudi Arabian club Al-Nassr. The group aims to reach an agreement with the Saudi Arabian Public Investment Fund by the end of the current season. This potential move represents a shift from previous reports that suggested Cardinale was seeking Saudi investment for AC Milan.
The consortium reportedly includes local Saudi investors such as Ibrahim Al-Muhaidib and SMC Media. A Public Investment Fund source has reportedly confirmed that discussions are underway, aligned with the club's investment objectives. The deal is expected to be for a minority share rather than a full takeover of the club.
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