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Vivek Ranadive is trying to become part of Milan. He is not a footballer, but an Indian-American tycoon, who has started talks with RedBird to invest in the champions of Italy.
Talks with Gary Cardinale, the boss of RedBird who bought the Reds, are progressing and Ranadive is aiming to reach an official agreement as soon as possible. RedBird has agreed to pay the Elliot fund 1.2 billion euros by September, and is seeking various investors to complete the deal with Elliot.
Ranadive is ready to seize this opportunity. He is known for the fact that he had only $50 when he left India to try, enjoy and realize the American dream.
The tycoon is known for his creativity and innovative ideas, as he made his fortune from the technological world, first with Teknekron and then with the founding of TIBCO in 1997, a company specializing in the production of software.
SuperSport writes that Ranadive has millions ready to invest for Milan, much needed for the new owners and for the club’s market. With Sacramento King, he performed a financial miracle.
He bought the American basketball club for 534 million dollars in 2013, while today it costs a full 2.06 billion dollars!
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