Milan, official RedBird-Elliott agreement for the vendor loan: 170 million paid and expiring in 2028 | Primapagina

Il Milan remains firmly in the hands of Gerry Cardinale e di RedBird: the agreement with Elliott for the refinancing of the “vendor loan” is official, a further investment of 170 million euros reduces the portion of the loan and the maturity is extended by another 3 years, until 2028.

The US fund puts a point to the matter regarding the refinancing of the loan obtained by the company led by Paul and Gordon Singer at the time of the purchase and sale of the Rossoneri club in 2022, with a new agreement that reshapes the size of the loan and its expiry.
THE NEWS – An additional investment of 170 million euros by RedBird Capital, the club's owner, reduces the loan amount to 489 million euros. The deadline, previously set for 31 August 2025, also changes: the new deadline is now July 2028.

This was confirmed by the press release issued by Milan on their official website.

THE OFFICIAL STATEMENT OF AC MILAN – AC Milan today informed that a refinancing of the Vendor Loan held by vehicles managed by Elliott Advisors UK Limited (“Elliott”) has been completed. The refinancing with Elliott, in its sole position as financier, includes a further investment of €170 million by AC Milan's owners, RedBird Capital (“RedBird”), which reduces the principal amount of the loan to €489 million, with a maturity now set for July 2028.
THE WORDS OF SCARONI – Paolo ScaroniPresident of AC Milan, commented: “Over the last few years, AC Milan's financial position has steadily grown and strengthened under the leadership of RedBird, an owner with long-term commitment. Significant work has been carried out to ensure the stability of our iconic club, position it for sustainable operational success and nurture the Rossoneri's legacy, tradition and values.”