Cardinale and Furlani visit the Middle East again as investment rumours grow

There continues to be a great deal of noise swirling regarding potential investment in AC Milan from overseas, and an update has arrived.

As Tuttosport (via PianetaMilan) report this morning, Milan’s owner Gerry Cardinale and the CEO Giorgio Furlani undertook a business trip to the Middle East in recent days and that is why the latter will not be at the game against Rennes tonight.

The fact that Cardinale and Furlani traveled together is yet another sign that they are working together to explore various possibilities for the future of the club linked to foreign capital.

Cardinale did an interview with Corriere della Sera last week in which he admitted that he feels quite a lot of influence from the Middle East and that he plans to expand there.

“I have an office in Dubai, one in Abu Dhabi, I’m opening one in Riyadh. RedBird has many interests in these countries. I want to be categorical: they [the sale rumours] is completely false,” he said.

“I’m here to stay for the long haul, I have a job to do. I am committed to bringing Milan back to the top of Serie A and Europe and I will not stop before achieving these results. And when we have reached them, I will want to reach them again.”

Cardinale will be in Miami today at FII Priority, a two-day conference on the relationship between humanity and technology with a particular focus on the climate crisis. This year’s edition will be entitled ‘On the edge of a new frontier’.

Regarding potential partnerships for Milan with Arab funds, it cannot be ruled out that Cardinale could look favourably on a strategic collaboration, with the same potential as the one with the Yankees.