lebron-james-and-the-steinbrenner-family-will-be-new-shareholders-of-ac-milan

LeBron James throughout his NBA basketball career, has managed to earn millions of dollars in each of his contracts with the Cleveland Cavaliers a couple of times, the Miami Heat and the Los Angeles Lakers. This has served him to grow at a business level to further increase his income. On this occasion, the one from Akron will now be one of the owners of AC Milan together with the Steinbrenner family; owners of the New York Yankees.

Specifically, the current champion of Italy became led in the first instance by Garry Cardinale at the hands of the Elliott Fund and RedBird Capital with a value of $1,202 millions of dollars. Later, he will be joined by the Steinbrenner family and then there is Main Street Advisors; who have LeBron James, music producer Jimmy Iovine and rapper Drake as investors.

Likewise, according to the Financial Times, the agreement for the sale of the Italian group for $1,202 million dollars, RedBird and Elliott will officially welcome new investors this Wednesday.

LeBron James, for his part, will be getting involved in a second European club and with a lot of history ia, since he is also part of the management structure of Liverpool; a team that has had remarkable success in recent seasons.

In other words, the current leader of the Los Angeles Lakers will lead a new champion club of one of the most important soccer leagues on the old continent . While, the Italians will also be guided by the Steinbrenner family; who have reigned in Major League Baseball for many years with the New York Yankees.

Finally, despite the sale, those who will be the new owners of the “Rossonero” team will keep Paolo Maldini and the other directors in their sports leadership; which have returned to reign in Italy with a solid project.

Also read:

American investment fund buys Milan for billions of dollars: the details

By Scribe