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JAKARTA - The new owner of AC Milan is although Cardinale. However, behind it is a long list of investors involved in the purchase of the Rossoneri.

One of them is LeBron James, which has recently appeared to regularly invest his money in sports.

This was reported by the Financial Times in an extensive report that serves to see how Milan's relocation changes were completed, a process that began in May 2022.

Cardinale led Milan's purchase from Elliott Fund (also American) for a total of about 1.2 billion euros.

In this way, the defending champion Scudetto changed hands while maintaining the essence: continuing a financial stable project and always functioning on the pitch.

Paolo Maldini and his team will remain in charge of the sporting area, so there are no expected changes in direction.

Regarding LeBron's investment in sports, the LA Lakers player is not the only one who will be involved in the takeover of Milan. There will be New Yorkprises owner Steinbrenner's family, well-known music producer Jimmy Lovine and rapper Drake.

As explained by the Financial Times, RedBird will announce its new partner on Wednesday, when an agreement to buy Italian clubs must be finalized.

LeBron has long been in a relationship with Cardinale, considering that RedBird is a shareholder at SpringHill (Association with LeBron) and Fenway Sports Group which controls Liverpool and Boston Red result.


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