Colombia Coach Lorenzo Reluctant to Be Labeled Favorites 

Nestor Lorenzo, coach of Colombia speaks during a press conference ahead of the CONMEBOL Copa America group stage match against Paraguay at NRG Stadium on June 23, 2024 in Houston, Texas. (Getty Images/AFP)
Nestor Lorenzo, coach of Colombia speaks during a press conference ahead of the CONMEBOL Copa America group stage match against Paraguay at NRG Stadium on June 23, 2024 in Houston, Texas. (Getty Images/AFP)
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Colombia Coach Lorenzo Reluctant to Be Labeled Favorites 

Nestor Lorenzo, coach of Colombia speaks during a press conference ahead of the CONMEBOL Copa America group stage match against Paraguay at NRG Stadium on June 23, 2024 in Houston, Texas. (Getty Images/AFP)
Nestor Lorenzo, coach of Colombia speaks during a press conference ahead of the CONMEBOL Copa America group stage match against Paraguay at NRG Stadium on June 23, 2024 in Houston, Texas. (Getty Images/AFP)

Colombia coach Nestor Lorenzo is looking forward to his side's Copa America opener against Paraguay on Monday and insists he does not like being labeled one of the favorites to claim the continental showpiece.

Lorenzo, who was keen to avoid being tipped as one of the heavy weights, said there is a lot of expectation surrounding his team, given their 23-match unbeaten run.

"We are taking it one game at a time and not thinking about the unbeaten record. The processes are different, comparisons are disgusting," the coach told a press conference on Sunday.

"I hope we bring joy to the people, we see them excited, that motivates us. It makes us happy to know that we are transmitting something good from the pitch," he added.

Lorenzo, who took over as Colombia boss in July 2022, has been at his best in the build-up to the tournament, leading his side to a 5-1 victory over the United States and a 3-0 win over Bolivia earlier this month.

But with Colombia also facing Brazil and Costa Rica in Group D, he said there was no guarantee of going further in the competition and that the key was to focus on each game.

"It's not that we're not excited - we are. It's just that the favorites almost never win. We're not going to get carried away, we're going to take it game by game, ball by ball, and that's how you win.

"We're going to try to attack, to be protagonists, even if our opponents sometimes don't let us. Hopefully we'll be able to turn ourselves into a versatile team that can be in the game when we're not dominating," he added.



Soccer-AC Milan Owner Denies Report it is Looking for New Investors

AC Milan's French forward #09 Olivier Giroud (C) makes a heart sign as he celebrates after scoring his team's second goal during the Italian Serie A football match between AC Milan and Salernitana at San Siro Stadium, in Milan on May 25, 2024. as the last match by coach. (AFP)
AC Milan's French forward #09 Olivier Giroud (C) makes a heart sign as he celebrates after scoring his team's second goal during the Italian Serie A football match between AC Milan and Salernitana at San Siro Stadium, in Milan on May 25, 2024. as the last match by coach. (AFP)
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Soccer-AC Milan Owner Denies Report it is Looking for New Investors

AC Milan's French forward #09 Olivier Giroud (C) makes a heart sign as he celebrates after scoring his team's second goal during the Italian Serie A football match between AC Milan and Salernitana at San Siro Stadium, in Milan on May 25, 2024. as the last match by coach. (AFP)
AC Milan's French forward #09 Olivier Giroud (C) makes a heart sign as he celebrates after scoring his team's second goal during the Italian Serie A football match between AC Milan and Salernitana at San Siro Stadium, in Milan on May 25, 2024. as the last match by coach. (AFP)

US investment firm RedBird Capital on Friday denied a report by Italian newspaper La Repubblica saying it was looking to sell a stake in AC Milan, the Italian soccer club it has owned since 2022.

"The reporting by La Repubblica about selling a stake in AC Milan is a complete fabrication. It is wholly untrue," a spokesperson for RedBird said.

RedBird took over the club from US fund Elliott in a 1.2 billion euro ($1.32 billion) buyout, according to Reuters.

La Repubblica said it was partly financed through a vendor loan from Elliott worth 560 million euros due next year, plus RedBird's own investment of 681 million euros.

RedBird was now looking to "rebalance its portfolio" by selling "up to 150 million euros of the initial invested capital of 681 million" at base cost, the newspaper added.

It cited a document for potential new investors prepared by US investment firm Washington Harbour on behalf of RedBird, adding that the file "has been circulating in international financial circles since May".

In an earlier statement which stopped short of a full denial, a RedBird spokesperson had told Reuters that Gerry Cardinale, the founder and managing partner of the fund, "does not know Washington Harbour and the document cited by the newspaper is not attributable to him".

Washington Harbour did not reply to a Reuters request seeking comment over the press report.