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Cardinale: I will never sell Milan, I want to sign the best players in the world

Milan owner Gerry Cardinale said the new RedBird-backed holding company will give the club the financial power to compete in the transfer market. Cardinale also announced that he will never sell the club.

Cardinale: I will never sell Milan, I want to sign the best players in the world
Photo: Football Italia

RedBird Capital Partners set up a holding company called Milan Sports & Entertainment on Friday to bring together Milan's investments. Under the company's umbrella, alongside the club, is the NBA Europe project, in which Milan is expected to take part with its own team.

Milan owner Gerry Cardinale told Gazzetta that this structure will provide the financial strength needed to sign the best players in the world in the transfer market. Cardinale said he will transform the club's financial structure with income from the stadium, the arena in San Donato and other projects such as NBA Europe. He also stressed that currently only Premier League clubs are able to make spending of a certain size.

Cardinale said he wants to make Milan competitive with the biggest clubs in the world, and for that it must close the revenue gap. He said his goal is to return to the top not only in Italy but in Europe, to win Serie A titles consistently and to return to the Champions League. He added that the project is long-term, but that he wants it to happen as quickly as possible.

Reminding that he used the phrase 'Berlusconi 2.0' when he bought the club four years ago, Cardinale argued that this did not mean comparing himself to Berlusconi. He explained that his aim is, as Berlusconi transformed Milan and Serie A, to take the club and Italian football forward in the new era.

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