Overview
- Cardinale visited Milanello on Wednesday, meeting coach Massimiliano Allegri along with executives Giorgio Furlani, Igli Tare and Zlatan Ibrahimovic, and greeting players including Luka Modric and Christian Pulisic.
- He then went to Casa Milan, lunched with department heads and held a video update with president Paolo Scaroni, with staff applauding his appearance.
- RedBird is advancing a refinancing with Manulife Comvest to replace Elliott as creditor, with reporting pointing to completion in the coming weeks and to an extended maturity to 2031 with lower interest costs.
- During the visit, Cardinale expressed strong praise for Allegri and reinforced long-term support for the coach, with no immediate changes expected to the technical or managerial plans.
- Massimo Calvelli, RedBird’s sport lead and a Milan board member since November, has been active at the club as Milan maintains budget discipline, pursues the San Siro redevelopment and explores involvement in NBA Europe.