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Milan owner Cardinale ‘never selling this club’

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AC Milan owner and RedBird founder Gerry Cardinale has reportedly claimed that he is “never selling” the Rossoneri, as speculation grows about the future of the club’s ownership.

Speaking to guest star Kush from That Milan Podcast, the businessman was asked if he had the intention to sell the club, with rumours stirring that there is interest from Saudi Arabia in the famous Italian club.

To this, Cardinale replied “I am never selling this club.”

ITALY – SEPTEMBER 03: Gerry Cardinale looks on before the Serie A match at Stadio Giuseppe Meazza on September 03, 2022 in Italy. (Photo by Marco Luzzani/Getty Images)

It is a strong claim from the 58-year-old, who worked in investment banking before founding RedBird in 2012.

San Siro saga stirred speculation further about Milan ownership

A lot of the speculation about the possible sale of Milan came from the ongoing saga surrounding San Siro.

The Milan clubs have now had their proposal approved to purchase the land around the current stadium and are set to demolish a majority of the current structure and build a new state-of-the-art stadium in its place.

ITALY – SEPTEMBER 14: Outside view of the stadium prior to the Serie A match between AC Milan and Bologna FC 1909 at Giuseppe Meazza Stadium on September 14, 2025 in Italy. (Photo by Marco Luzzani/Getty Images)

Once the project is underway, or perhaps when it has been completed, the ownership would be in a healthier position to sell but for now Cardinale appears dedicated to the Rossoneri for the long term.

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