Searches in the Milanese company are underway by the monetary police unit of the Guardia di Finanza, precisely at the headquarters in via Aldo Rossi. In recent months, the Milan prosecutor's office began investigating the actions of the football club, precisely at the time when the majority of shares moved from the Elliot fund to the Redbird fund. The Corriere della Sera adds that the CEO of Milan since 2022, Giorgio Furlani, and his predecessor Ivan Gazidis between 2018 and 2022, are the subject of an investigation by the Milan public prosecutor's office for the hypothesis of the crime of obstruction of activity of the Federation. Italiana Gioco Calcio oversees the legal requirements of companies that own football teams.
According to the prosecution, the company does not belong to the one who appears as the theoretical owner from August 31, 2022 (i.e. the American RedBird fund of financier Gerry Cardinale). According to the prosecution, Corriere still reports, the influence still resides in the American fund Elliott of financier Paul Singer. The hypothesis contested in the investigation, which also concerns two other people operating in Luxembourg, constitutes an obstacle to the FIGC's supervisory activity in terms of communication of the company's beneficial owners. The Rossoneri club is not involved in the investigation. From the investigation by Milanese prosecutors Giovanni Polizzi and Giovanna Cavalleri emerges “the hypothesis according to which the Elliot Fund currently maintains substantial control over the company Ac Milan – write the investigators in the search order against the four suspects – while the supervisory authority of the FIGC, the would have been represented the effective transfer of ownership in favor of the Redbird fund of Gerry Cardinale in 2022. From the analysis of the documents acquired by the Milan public prosecutor's office as part of the investigation into the Milan's transfer of the Eliott fund to RedBird “the circumstance – the investigators write that the majority of the capital used for the sale comes from a corporate vehicle not attached to RedBird itself.
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