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.



Italiano Appointed Besiktas Coach

Italian Vincenzo Italiano named Besiktas coach. (Reuters)
Italian Vincenzo Italiano named Besiktas coach. (Reuters)
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Italiano Appointed Besiktas Coach

Italian Vincenzo Italiano named Besiktas coach. (Reuters)
Italian Vincenzo Italiano named Besiktas coach. (Reuters)

Vincenzo Italiano has been appointed coach of Turkish side Besiktas, the Istanbul-based club announced on Saturday.

The 48-year-old Italian will coach the club until the end of the 2027-2028 season, Besiktas said in a statement, AFP reported.

The former coach of Serie A clubs Fiorentina and Bologna, becomes the 11th manager at Besiktas in the past five years, following Frenchman Valerien Ismael, Dutchman Giovanni van Bronckhorst and Norwegian Ole Gunnar Solskjaer.

Crowned Turkish champions for the 16th time in 2021, Besiktas have since struggled to compete with Galatasaray and Fenerbahce, the two other big Istanbul clubs.


AlUla Designates Scenic Open-Air Venues for 2026 FIFA World Cup Screenings

Fans can watch all Saudi national team matches alongside prominent international, Arab, and Gulf fixtures - SPA
Fans can watch all Saudi national team matches alongside prominent international, Arab, and Gulf fixtures - SPA
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AlUla Designates Scenic Open-Air Venues for 2026 FIFA World Cup Screenings

Fans can watch all Saudi national team matches alongside prominent international, Arab, and Gulf fixtures - SPA
Fans can watch all Saudi national team matches alongside prominent international, Arab, and Gulf fixtures - SPA

AlUla Governorate has prepared several open-air fan zones for residents and tourists to watch 2026 FIFA World Cup matches, blending international football excitement with the region’s renowned natural beauty and unique rock formations while catering to a growing influx of summer visitors.

Fans can watch all Saudi national team matches alongside prominent international, Arab, and Gulf fixtures.

The tournament’s timing in summer boosts AlUla’s appeal, allowing visitors to combine the global sporting event with exploring local heritage sites and participating in outdoor recreational activities during the cooler evening hours, SPA reported.

This viewing experience is fully supported by diverse hospitality options, ranging from luxury resorts and desert accommodations to heritage hotels situated in AlUla Old Town.

These integrated facilities reinforce the region's strategy to expand its tourism and entertainment portfolio, positioning AlUla as a preferred year-round destination.


Iran World Cup Squad Heads to Mexico as US Visa Row Erupts

Iran's Mehdi Torabi, right, poses for a photo with fans after a friendly soccer match between Iran and Mali, in Antalya, southern Türkiye, Thursday, June 4, 2026, ahead of the World Cup soccer tournament. (AP Photo/Khalil Hamra)
Iran's Mehdi Torabi, right, poses for a photo with fans after a friendly soccer match between Iran and Mali, in Antalya, southern Türkiye, Thursday, June 4, 2026, ahead of the World Cup soccer tournament. (AP Photo/Khalil Hamra)
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Iran World Cup Squad Heads to Mexico as US Visa Row Erupts

Iran's Mehdi Torabi, right, poses for a photo with fans after a friendly soccer match between Iran and Mali, in Antalya, southern Türkiye, Thursday, June 4, 2026, ahead of the World Cup soccer tournament. (AP Photo/Khalil Hamra)
Iran's Mehdi Torabi, right, poses for a photo with fans after a friendly soccer match between Iran and Mali, in Antalya, southern Türkiye, Thursday, June 4, 2026, ahead of the World Cup soccer tournament. (AP Photo/Khalil Hamra)

Iran lashed out at the United States on Saturday for refusing visas to some of its World Cup squad support staff as the players were to leave Türkiye for Mexico.

The row erupted just days before the June 11 start of the 2026 World Cup, which is being jointly hosted by the United States, Mexico and Canada.

The Iranian players, who have been at a training camp in the southern Turkish resort of Antalya since May 18, received their visas late on Friday, Washington's envoy to Türkiye Tom Barrack said on X, hailing the work of the US embassy in Ankara in "processing visas for Iran's national football team".

But Iran's embassy to Türkiye hit back Saturday with a furious response, saying a "large" number of managerial and executive staff and others had been denied visas.

"You have now escalated the deliberate and discriminatory treatment against Iran's national football team to its highest level," the embassy wrote on X.

"FIFA must hold the US accountable for violations of its rules and for the discriminatory treatment of Iran's national football team."

Iran's Football Federation, whose chief Mehdi Taj was reportedly among those denied a visa, also hit out, describing the decision as "political interference in sport in its worst form".

"By extending its hostile behaviour towards the Iranian nation into the field of sport, the ... US government has deprived Iran's national team of.. the opportunity to compete without discrimination," it said, pledging to pursue the matter with FIFA.

Iranian state TV's correspondent in Antalya said the players and their technical staff had received visas, but 15 others on the administrative and management side had not.

It said the matter would be followed up in Mexico.

In April, US Secretary of State Marco Rubio said any problem would not be with the Iranian players but "some of the other people (they) would want to bring with them", suggesting they may have ties to the Revolutionary Guards, a group on the US terror blacklist.

Taj himself is a former Guards member, Iranian media in the diaspora have said.

Team Melli were scheduled to leave Antalya for Mexico on a 3:20 pm (1220 GMT) flight that Taj said earlier this week would include a stopover in Spain before arriving in Mexico early on Sunday.

But Iran's state TV gave a later departure time of 5:30 pm.

The team will be based in the northwestern border city of Tijuana for the duration of the tournament, but all three of their group stage matches are due to be held in the United States.

Iran, who are in Group G, will play New Zealand and Belgium in Los Angeles on June 15 and 21, followed by a game against Egypt in Seattle on June 26.

Ahead of their departure on Saturday, Iran played a final friendly against Mali in Antalya on Thursday which they won 2-0. They played a first match on May 29, beating Gambia 3-1.