Telegraph bidder under investigation over undisclosed investor at AC Milan

AC Milan fans stage a protest against the club’s ownership in May - Marco Luzzani/Getty The US private equity firm seeking control of The Telegraph brought an unidentified investor into AC Milan without meeting its obligation to notify football authorities. RedBird Capital Partners failed to inform the club, which it acquired in 2022, that a newcomer had acquired an interest of at least 10pc. AC Milan therefore did not notify the Italian Football Federation under ownership transparency rules intended to ...