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Investcorp and Mohammed Al Ardhi are the names on the lips of all Milan fans at the moment, and it’s easy to understand why. The Middle Eastern fund is in exclusive negotiation, Reuters and Bloomberg report, with Elliott for the purchase of Milan, with the figures of the deal that would be around one billion euros.
Al Ardhi is the president of Investcorp, a fund whose investments are very differentiated and which manages around 40 billion dollars.
Mohammed bin Mahfoudh Alardhi, his full name, has a long military career behind him before becoming executive chairman of Investcorp. As can be read on the fund’s official website, Al Ardhi is a retired Air Force Deputy Marshal who joined the Royal Air Force (RAFO) of Oman in 1978 and was later appointed Chief of the Oman Air Force. He holds a BA in Military Science from the Royal Air Force UK Staff College in Bracknell, UK, and a Masters in Public Administration from Harvard. He is also a graduate of the Royal Air Force Military Academy in Cranwell, also in the UK, and holds an additional academic degree from the National Defense University in Washington DC In addition to his role at Investcorp, which he has been a part of since 2008, Al Ardhi joined serve on several other boards including that of the International Advisory Board of The Brookings Institution in Washington, DC. He is also on the board of the World Economic Forum, Harvard Kennedy School Dean and the Harvard Center for Public Leadership
He is currently married with 5 children and lives in the capital of Oman, Muscat. He is a man of countless interests and passions: to date he has written three books and is a lover of climbing. He even climbed Kilimanjaro.
At the moment, the negotiation between Investcorp and Elliott is in an exclusive phase, with the two funds that would have completed the due diligence, or an in-depth study of data and accounts relating to the subject of a negotiation. In this case, Milan. At the moment, all we can do is wait for the outcome of the negotiations, bearing in mind however that it is something real and concrete.
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