Social Football Summit: "The arrival of RedBird has enabled strong growth" (G. Furlani, AC Milan)

"The arrival of RedBird Capital (which became the owner of AC Milan in August 2022) enabled us to move into a strong growth sequence, and to achieve the first net profit for a financial year in over 10 years in 2022-23. But it is also the work done upstream by Elliott Management (which acquired the club in July 2018) and the sporting success that have enabled this return to the financial top flight," said Giorgio Furlani, CEO of AC Milan (Serie A TIM), in Rome on 22/11/2023.

Giorgio Furlani spoke at the Stadio Olimpico as part of the 6^th edition of the Social Football Summit (SFS 2023), a leading international football industry event , held on Tuesday 21 and Wednesday 22/11/2023, of which News Tank was a media partner.

"The new stadium, which was part of our initial plans, has been delayed, and will be another lever to increase the club's revenues. The new project, at San Donato, is at the beginning of its life, and in Italy it's not easy to build a new stadium. For the time being, the timing remains unpredictable. I'm pleased to see that clubs other than AC Milan are working on…