After Newcastle, the Saudis could invest in another major European club. But it’s not the Olympique de Marseille…
Will the Saudis one day arrive at Olympique de Marseille? This question still remains unanswered as new rumors regarding a takeover of a major European club surface. After Newcastle, it is AC Milan which could soon benefit from billions of euros from the Saudi Arabian Public Investment Fund (PIF).
OM or Milan for the Saudis?
According to Italian journalist Rudy Galetti, the takeover of the Rossoneri is a real possibility. “ A Saudi investment fund strictly linked to the PIF is interested in the purchase of AC Milan and prepares a plan to take control of the club, he explains. Its objective is to finalize the agreement no later than June 2024 to have time to better organize next summer’s transfer window. »
🚨💰 A 🇸🇦 investment fund strictly related to the PIF is interested in buying #ACMilan and is preparing a plan to take control of the 🇮🇹 club. 🔴⚫
🤝 Its aim is to finalize the agreement by June 2024 at the latest to have time to better organize the summer market session. pic.twitter.com/hnWLLEs8Lr
— Rudy Galetti (@RudyGaletti) December 29, 2023
It is no secret that Saudi Arabia intends to continue its development in football. After the takeover of Newcastle, and the recruitment of multiple superstars in the Saudi Pro League, the takeover of a second major European club will be the next step. A few days ago, a Saudi journalist indicated that the PIF had two clubs in its sights, AC Milan and Olympique de Marseille, with a stronger tendency for the Phocaeans. Would a choice have been made to the detriment of OM?