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Free Malaysia Today
13-07-2025
- Sport
- Free Malaysia Today
Hernandez fires parting shot at AC Milan
Theo Hernandez has joined Saudi club Al-Hilal from AC Milan. (EPA Images pic) ROME : French international Theo Hernandez, who has joined Saudi club Al-Hilal, took a swing at AC Milan's leadership as he bid farewell to the club and its fans on social media. Milan finished eighth in Serie A last season amid vociferous protests from supporters against the club's American owners RedBird. In a farewell post on Instagram, Hernandez, a leftback who can play in midfield, echoed that criticism. 'Milan has always been my priority,' he wrote. 'But, unfortunately, not everything depends on one person. The direction the club has taken and some recent decisions do not reflect the values or ambition that brought me here.' Hernandez, 27, joined Milan in 2019 from Real Madrid. He made 262 appearances for the club scoring 34 goals. 'I am leaving after experiencing unforgettable moments, such as winning Serie A and the Italian Super Cup, and especially after sharing the changing room with extraordinary people,' he wrote. The club went through three coaches last season and has just appointed a fourth, Massimiliano Allegri. Hernandez thanked 'every coach who believed in me', singling out Paolo Maldini, the club's technical director until June 2023, 'for his closeness, vision and leadership'. He also thanked the fans. 'Feeling your support was a privilege that I will never forget and will carry in my heart forever,' he said. 'I am leaving with my head held high,' he wrote. 'I leave with a full heart, and with the hope that very soon Milan will return to the place it deserves. Milan will always be a part of me.'
Yahoo
11-07-2025
- Sport
- Yahoo
Hernandez fires parting shot at AC Milan
Theo Hernandez told AC Milan's leadership what he thought of them after leaving for Al-Hilal (Isabella BONOTTO) French international Theo Hernandez, who has joined Saudi club Al-Hilal, took a swing at AC Milan's leadership as he bid farewell to the club and its fans on social media. Milan finished eighth in Serie A last season amid vociferous protests from supporters against the club's American owners RedBird. Advertisement In a farewell post on Instagram, Hernandez, a left back who can play in midfield, echoed that criticism. "Milan has always been my priority," he wrote. "But, unfortunately, not everything depends on one person. The direction the club has taken and some recent decisions do not reflect the values or ambition that brought me here." Hernandez, 27, joined Milan in 2019 from Real Madrid. He made 262 appearances for the club scoring 34 goals. "I am leaving after experiencing unforgettable moments, such as winning Serie A and the Italian Super Cup, and especially after sharing the changing room with extraordinary people," he wrote. Advertisement The club went through three coaches last season and has just appointed a fourth, Massimiliano Allegri. Hernandez thanked "every coach who believed in me", singling out Paolo Maldini, the club's technical director until June 2023, "for his closeness, vision and leadership". He also thanked the fans. "Feeling your support was a privilege that I will never forget and will carry in my heart forever," he said. "I am leaving with my head held high," he wrote. "I leave with a full heart, and with the hope that very soon Milan will return to the place it deserves. Milan will always be a part of me." jr/pb/pi
Yahoo
02-07-2025
- Business
- Yahoo
Beppe Sala Issues Ultimatum To AC Milan Amid Ongoing San Siro Talks With Inter & Rossoneri
Beppe Sala has reportedly issued an ultimatum to AC Milan amid the city's talks with Inter and the Rossoneri for the San Siro sale. Per La Repubblica via FCInterNews, the Milan mayor has outlined the municipality's final request before sanctioning the deal. Advertisement AC Milan and Inter have been in talks over the purchase of San Siro and surrounding areas for months. Despite the club's confidence in getting the deal over the line, the process has proved long and arduous. Beppe Sala Sends AC Milan Final San Siro Ultimatum MILAN, ITALY – APRIL 23: General view outside the stadium prior to the coppa Italia Semi Final match between FC Internazionale and AC Milan at Stadio Giuseppe Meazza on April 23, 2025 in Milan, Italy. (Photo by) Unlike Inter Milan, AC Milan have a backup plan in case talks with the city go sideways. Indeed, Oaktree Capital is hellbent on building a state-of-the-art stadium in the San Siro area. On the other hand, Milan owners RedBird have devised a 'Plan B.' Instead of focusing only on purchasing San Siro, they've thought about constructing a new venue in San Donato. However, Beppe Sala has urged the Rossoneri to drop that idea as the deadline approaches. One way or another, the resolution is on the horizon.
Yahoo
03-06-2025
- Business
- Yahoo
RedBird Strikes Deal to Acquire U.K.'s Telegraph Media Group, Vows to Invest in Digital, Journalists
U.S. private equity firm RedBird Capital Partners said Friday that it has reached an in-principle agreement to acquire The Telegraph Media Group at a total enterprise valuation of £500 million ($673 million) to become the U.K. media company's sole controlling owner. 'It is the largest investment in U.K. print media in a decade and unlocks a new era of growth for the 170-year-old title,' the companies said. The ownership of the conservative newspaper and its related offerings has been in question after the Abu Dhabi-backed RedBird IMI agreed to buy The Telegraph and the Spectator magazine in 2023, with the U.K. government then cracking down on foreign state investment in British newspapers, forcing a sale. More from The Hollywood Reporter Vicky Krieps, Christian Friedel Join 'The Idiots' German Director Christian Petzold Named President of Austria's Viennale Prince William Launches 'Guardians' Docuseries on Rangers on BBC Earth Digital Platforms The Telegraph wrote that RedBird Capital, which provided part of RedBird IMI's funding for the original deal, was expected to be joined in the new ownership consortium by British media investors. 'RedBird is in discussions with select U.K.-based minority investors with print media expertise and strong commitment to upholding the editorial values of The Telegraph,' the deal announcement noted. Abu Dhabi's International Media Investments (IMI) 'will also participate in the acquisition as a minority investor, subject to the passage of secondary legislation regarding foreign ownership thresholds,' it highlighted. RedBird said its growth strategy includes 'capital investment in the group's digital operations to continue driving subscriptions, using best-in-class data analytics and artificial intelligence tools to expand the value proposition to its core subscriber base and potential new subscribers.' RedBird also said it has 'ambitious growth plans that focus on investing in top journalistic talent, from award-winning reporters to opinion-leading commentators.' A key part of RedBird's strategy is expanding The Telegraph's global reach, particularly in the United States, 'leveraging the title's iconic brand and authoritative reporting to drive new audiences seeking world-class independent journalism. Collaboration across RedBird's portfolio will create unique partnership opportunities, blending tradition with innovation to expand The Telegraph's position as a global leader in quality journalism.' RedBird also said it would 'build on the strong financial foundations established by the current management team' and work with it to grow the brand internationally, with a focus on the U.S. where RedBird has a strong strategic presence across news, media and sports. 'Together, RedBird and TMG senior leadership will work to develop new content verticals in areas such as travel and events to maximize the commercial opportunities from a growing international and mass affluent subscriber base,' the companies said. With this latest transaction, RedBird said it 'has emerged as one of the largest investors in U.K. media, sports and entertainment, with a portfolio including Premier League Champion Liverpool FC; All3Media, the U.K.'s largest independent television, film and digital production and distribution company; Fulwell Entertainment, one of the U.K.'s leading television, film and music production companies; Build a Rocket Boy, one of the U.K.'s largest independent video gaming and entertainment studios; and the pending acquisition of the U.K.'s Channel 5 as a result of Skydance Entertainment's merger with Paramount Global.'Said Gerry Cardinale, founder and managing partner of RedBird: 'This transaction marks the start of a new era for The Telegraph as we look to grow the brand in the U.K. and internationally, invest in its technology, and expand its subscriber base. We believe that the U.K. is a great place to invest, and this acquisition is an important part of RedBird's growing portfolio of media and entertainment companies in the U.K.' Added Anna Jones, CEO of Telegraph Media Group: 'Telegraph Media Group is an award-winning news media organization, with exceptional journalism at its heart, supported by leading commercial expertise, a commitment to innovation and a laser focus on data to drive strategy.' She added that RedBird Capital Partners has 'exciting growth plans that build on our success – and will unlock our full potential across the breadth of our business.' Best of The Hollywood Reporter How the Warner Brothers Got Their Film Business Started Meet the World Builders: Hollywood's Top Physical Production Executives of 2023 Men in Blazers, Hollywood's Favorite Soccer Podcast, Aims for a Global Empire Sign in to access your portfolio


New York Times
29-05-2025
- Business
- New York Times
Milan sack Sergio Conceicao after just five months in charge
Milan have sacked head coach Sergio Conceicao, just five months after he was appointed. The 50-year-old was appointed in December to replace Paulo Fonseca, who himself had only six months in charge of the team. Milan lost the Coppa Italia final to Bologna earlier this month and despite winning the Supercoppa Italiana earlier in the campaign, finished a disappointing seventh-place in Serie A and missed out on European qualification for 2025-26. We would like to thank Sérgio Conceição and his staff for their commitment, professionalism and dedication shown during their time leading the First Team over the past few months. — AC Milan (@acmilan) May 29, 2025 Meanwhile, Milan have been linked with former striker Igli Tare as the club's new sporting director — a role the Albanian previously held at Lazio. Former Porto head coach Conceicao had a bright start to life in Milan, guiding his side to a 3-2 victory over rivals Inter in the Supercoppa in January however, the following month, they were eliminated from the Champions League at the play-off stage by Feyenoord. Advertisement Milan parted ways with Scudetto-winning head coach Stefano Piolo in the summer of 2024 and then sacked Fonseca in December of that year. Milan last won the Serie A title in 2021-22, their first Scudetto in 11 seasons, prior to RedBird's takeover later in 2022 with this year's Supercoppa their only trophy in three seasons. Milan ultras staged a remarkable protest against the club's ownership ahead of their final Serie A match of the season against Monza. Protests were held ahead of the game outside the club's Casa Milan headquarters, where around 5,000 ultras gathered before marching to the club's San Siro stadium. There were nostalgic chants for the club's iconic former captain Paolo Maldini, who made a record 902 appearances for Milan and who was sacked from his directorial role by the current ownership, and for the late Italian prime minister and media tycoon Silvio Berlusconi, the club's most successful owner. Milan ultras lined-up ahead of Saturday's match to spell out the message 'Go Home' in the Curva Sud, with chants demanding RedBird Capital's Gerry Cardinale sell his stake in the club and leave. (PIERO CRUCIATTI/AFP via Getty Images)