In a significant development on Tuesday, the financial brigade of the Italian police carried out a thorough search at the headquarters of AC Milan, marking a crucial step in an ongoing investigation into the club’s sale to the American investment fund RedBird.
AC Milan’s current CEO, Giorgio Furlani, and his predecessor, Ivan Gazidis, have found themselves at the center of the inquiry, facing allegations of obstructing the operations of Covisoc, the financial oversight body of the Italian Football Federation (FIGC).
The investigation stems from the high-profile sale of AC Milan by the investment fund Elliott Management to RedBird Capital in 2022, a deal that amounted to a staggering 1.2 billion euros. While the specifics of the allegations against Furlani and Gazidis remain undisclosed, it appears that their actions are believed to have impeded the work of Covisoc in some capacity.
AC Milan, in an official statement, asserted its commitment to cooperation with the authorities. The club emphasized its full collaboration in th
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