GdS: Cardinale injects €50m to boost Milan’s equity – what it means for the mercato
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The story in brief
25-second readBy: Isak Möller Gerry Cardinale has boosted AC Milan’s shareholders’ equity by €50m, according to a report, and a further capital increase is expected in the coming months.
After a very busy summer, both on the management side and signings-wise, it’s becoming very clear that Cardinale is now heavily involved in the Milan project.
The summer mercato wasn’t just a one-off, with the owner now planning further investment in the team. According to Gazzetta dello Sport this morning, Cardinale actually injected another €50m to boost the club’s shareholders’ equity a few weeks ago.
At a glance
- Reporting status
- Reported
- Original publisher
- SempreMilan ↗
- Source published
- Clubs covered
- AC Milan
Attributed publisher reporting. Kickjolly has not independently confirmed the claim.
Source context
By: Isak Möller Gerry Cardinale has boosted AC Milan’s shareholders’ equity by €50m, according to a report, and a further capital increase is expected in the coming months.
Source excerpt · SempreMilan
Read original report ↗The stands
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