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Luxembourg “minority shareholder” seeks to “annul” €1.2B sale of Italy’s AC Milan soccer club to RedBird Capital

AC Milan sale

A Luxembourg minority shareholder in Italian soccer club AC Milan intends to file a lawsuit alleging fraud to “annul the improper sale of the club” for €1.2 billion to New York-based private investment firm RedBird Capital Partners, according to a discovery application filed at federal court in Manhattan.