Liverpool owners in talks over £950m takeover of AC Milan
Cardinale's firm bought Ligue 1 club, Toulouse, in the summer of 2020 and owns 15% of the Indian Premier League's Rajasthan Royals.
Red Bird Capital, minor owners of Liverpool, are weighing up a late offer to buy Serie A giants AC Milan in a deal that could be worth more than €1bn (£950m).
The private investment firm has held talks with Milan's current American owners Elliot Management, who are looking to sell the San Siro club and have seen a period of exclusive negotiations with another bidder, Investcorp, lapse.
That leaves Elliot free to speak with other prospective buyers and RedBird are among those lining up, as first reported by Sky News.
Red Bird is run by former Goldman Sachs executive Gerry Cardinale and they last year purchased a 10% stake in Fenway Sports Group, Liverpool's owners, worth a reported $750m.
Cardinale's firm bought Ligue 1 club, Toulouse, in the summer of 2020 and owns 15% of the Indian Premier League's Rajasthan Royals. They claim to have more than $5bn worth of assets under their management.
Milan sit top of Serie A, two points ahead of neighbours Internazionale with three games to play as they seek to win a first league title since 2011.
