Soccer-Italian prosecutors probe AC Milan's 1.2 billion euro sale -source

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MILAN (Reuters) - Milan prosecutors are looking into last year's 1.2 billion euro ($1.3 billion) sale of AC Milan to U.S. private equity fund RedBird Capital from U.S. fund Elliott, a judicial source said on Thursday.

Confirming earlier Italian media reports, the source said Italy's tax police are requesting documents from accountants and advisers involved in the deal, adding that no specific people or companies were under investigation.

Blue Skye had previously accused Elliott of violating its rights by engaging in"behind closed doors" talks to clinch a sale of the seven-time European champions and it has challenged the deal also in Luxembourg and in the United States.

 

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