US investment fund RedBird swoops on AC Milan in $1.3B deal

The US investment firm RedBird Capital Partners has agreed to a 1.2 billion euro ($1.3 billion) deal to buy Italian soccer champions AC Milan and is aiming to challenge the elite of the European game again. Under the terms of the deal, current owners Elliott, the US private equity group, will retain a minority investment … Read more

Sivasspor makes history with 1st victory in Turkish Cup

Thousands in the central city of Sivas and many of their fellow countrymen celebrated Thursday as Sivasspor, their hometown team, won their first trophy in the club’s history after defeating Kayserispor in the 60th final of the Ziraat Turkish Cup. The central Anatolia derby, which was played in Istanbul, ended in a 1-1 draw. Yukatel … Read more