Rumors link the Ellison family to a potential move involving AC Milan, with reports suggesting Gerry Cardinale could sell a minority stake and David Ellison as a strong contender. Felice Raimondo previously outlined how such a corporate-level change could work. Larry Ellison, founder of Oracle, has substantial wealth, making a Milan valuation of several billion dollars financially manageable. Larry has long treated sports as a strategic and media asset, owning the Indian Wells Tennis Garden, co-founding SailGP, and pursuing ownership of major US franchises. A consortium tied to his family office was close to acquiring Aston Villa in 2016. David Ellison leads Skydance Media, which merged with Paramount Global in a deal worth about $8bn, creating Paramount Skydance Corporation with David at the helm.
"Milano Finanza reported that Gerry Cardinale could sell a minority stake in Milan and that David Ellison family - the founder of Skydance Media and CEO of Paramount Skydance Corporation - is a strong contender to buy it."
"At the centre of this story is Larry Ellison, founder of Oracle Corporation and for decades one of the richest men in the world. In 2025, the value of his holdings peaked at over $390bn, while in 2026 his net worth remained stable at over $200bn. These numbers make a potential purchase of AC Milan a viable operation without any particular financial pressure: even a valuation of $3-4bn would represent a minimal portion of his personal wealth."
"Larry Ellison has always shown interest in sports as a strategic and media asset, Raimondo explains. He owns the Indian Wells Tennis Garden in California, co-founded the international sailing league SailGP and has repeatedly attempted to acquire ownership of NFL and NBA franchises over the years. In 2016, a consortium linked to his family office was close to acquiring Aston Villa showing concrete interest in European football."
"Last year, Skydance completed its merger with Paramount Global in a transaction valued at approximately $8bn, financially supported by RedBird. That merger created Paramount Skydance Corporation, with David Ellison at the helm. This step, according to the lawyer, is crucial to"
Read at SempreMilan
Unable to calculate read time
Collection
[
|
...
]