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Plus, takeaways from the $4.65bn Denver Broncos sale, the inside story of Elliott’s AC Milan sale, and more
US investment firm RedBird has bought a club that enjoyed an unexpected recovery under hedge fund Elliott Management
Plus, why the Formula One turnround isn’t over, France’s Champions League fiasco, and more
Deal follows Serie A title win and caps turnround under activist investor’s ownership
Rival bidder RedBird the lead contender to acquire Serie A’s top football club
Private investment firm challenges asset manager Investcorp in €1bn takeover battle
Asset manager seeks deal with US hedge fund that could value Italian club at more than €1bn
Crypto sponsorship deals could be an indicator of irrational exuberance
JPMorgan provides funding as football elite make binding agreement to launch breakaway competition
Liverpool, Barcelona and Juventus among elite teams to join rival to Champions League
Welcome to Due Diligence, the FT’s daily deals briefing
The feared fund has made one of its most high-profile and risky investments in the Italian club
Uefa drops further action over financial fair play breaches after Italian club’s move
From Pernod Ricard to AC Milan, the hedge fund has breached traditional defences
Complex debt arrangement in acquisition of club became key to ownership
Italian football club in play after Chinese owner fails to repay hedge fund debt
Italian club close to being taken over by hedge fund that financed original deal
Chinese tycoons bet on using their links to football to promote their other businesses
Federation chief says clubs will miss out on foreign investment and global revenues
Teams depend on selling players as broadcast rights fuel revenues at top-tier rivals
Shifting fortunes of two of Italy’s best-known football clubs extends to the debt markets
Asian investor plans IPO as an exit for Elliott which has helped fund €740m purchase
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