AC Milan owner Elliott closes Candy

The American owners of the Italian Vice-Champion AC Milan have joined the consortium guided by Nick Candy as an investor to buy the English Premier League Club FC Chelsea. This reported Italian media.

Twitter shares spike as Elliot's Paul Singer tries to oust Dorsey
The group “Blue Football” with the English billionaire at the top belongs to the narrower circle of the most promising bidders.

The US hedge fund company Elliott Management, which has been the owner of Milan since 2018, has introduced itself to the bid with a “multimillion amount”. Thanks to Elliott, Milan returned to the top of the series A. The leadership has been targeting his first championship title for eleven years.

The previous club owner Roman Abramovich had announced a few days after the raid of Russia on Ukraine to sell Chelsea. The British government imposed sanctions against Russian oligarchs in the past week, the club has since stands before an uncertain future. The sale monitors the US financial service provider Raine Group.

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