Gerry Cardinale attended Genoa’s 2-1 win as AC Milan moved closer to its 2025-26 Champions League goal. His focus includes post-season reorganization and the possible entry of a minority shareholder. Reports indicate he does not plan to sell all shares, but is evaluating a sale of a minority stake. Among potential buyers is the David Ellison family, linked to Skydance Media and Paramount Skydance Corporation. Cardinale’s long-standing relationship with the Ellison family could create benefits for both sides. AC Milan is valued at about €1.6bn, with expectations it could reach €3-4bn after the new stadium is built. Cardinale previously hinted at a minority stake sale in 2024, and the resolution of the vendor loan situation with Elliott Management may enable further moves soon.
"Gerry Cardinale was in Genoa on Sunday for the 2-1 victory that saw the team take a big step towards their main aim for 2025-26: securing a place in the Champions League. He sat alongside Igli Tare and Massimo Calvelli, and has been very busy with Milan in recent weeks."
"His main focus is not only the club's reorganisation once the season is over, but also the possible entry of a minority shareholder. Milano Finanza (via MilanNews) reports that the RedBird boss has no intention of selling all his shares, but is evaluating the possibility of selling a minority stake."
"Among the main potential buyers of this stake (with a percentage yet to be defined) is the David Ellison family, the founder of Skydance Media and CEO of Paramount Skydance Corporation. Cardinale has had a long-standing relationship with the Ellison family, and this alliance could generate significant benefits for both parties."
"The Rossoneri club is valued at around €1.6bn, a figure that could rise to €3-4bn once the new stadium is built. Back in 2024, Cardinale strongly hinted at the possibility of selling a minority stake in the club. Now that the vendor loan situation has been resolved with Elliott Management, he is free to explore various opportunities at all levels."
Read at SempreMilan
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