In midsummer of 2022, American fund Red Bird Capital bought AC Milan, with Paolo Scaroni as the visible head and president of the Italian club. The investment fund already owns French club Toulouse and has a small stake in Liverpool. His intention is to make a great Milan. And for this its expansion policy does not stop and has partnered with one of the giants of North American sports.
The Italian club has announced that Randy Levine, president of the MLB’s New York Yankees, will sit on the club’s council rossonero as a new manager. A very important step for the ownership of Milan, which is associated with one of the most important sports entrepreneurs on the planet.
The Founder of RadBird Capital, Gerry Cardinale, has valued the association with Levine as follows: “For more than two decades, I have been fortunate to have a unique and successful association with the New York Yankees and the Steinbrenner family, including the Yankees’ most recent investment with RedBird in AC Milan.. I am delighted to welcome Randy Levine to the AC Milan Board and look forward to building a global partnership between the Yankees and AC Milan.”
Randy Levine (67 years old, New York) has been the owner of the New York Yankees baseball team since 2000. and has managed to revolutionize entertainment with Yankee Stadium, through the creation of the YES Network company.