AC Milan & RedBird Owner Attacks Inter Milan: ‘Inter Won Serie A & Went Bankrupt – We Want To Win With Intelligence’ | OneFootball

AC Milan owner Gerry Cardinale feels that Inter Milan “went bankrupt” after winning the Serie A title, which he wants to avoid.

The Rossoneri owner and US businessman, founder of RedBird Capital, aimed a shot at his team’s city rivals while speaking to Harvard Business School in a case study on Milan.

Cardinale has been the owner of AC Milan for over two years now.

The US businessman took over the Rossoneri in the summer of 2022.

During Cardinale’s time at the helm, there have been some ups and downs. And naturally, he has crossed paths with Inter on quite a few occasions.

On the pitch, the derby rivals have gone head to head on numerous occasions. This included a two-legged Champions League semifinal tie.

Inter went on a dominant run in the fixture, winning six in a row. However, Milan got their revenge in September with a 2-1 victory to snap that streak.

Off the pitch, meanwhile, Inter and Milan have been attempting to cooperate on a new stadium project.

However, the constant delays and obstacles to the project have made that difficult at times. In fact, the idea of building a new stadium stretches back years before Cardinale was Milan owner.

And reportedly, Cardinale had a very frosty relationship with departed Inter President Steven Zhang.

It remains to be fully seen how the Rossoneri owner will get on with current Nerazzurri owners Oaktree Capital, also based in the US.

But the Milan owner has made clear his views on the way that Inter have been run.

AC Milan Owner Cardinale: “Inter Won The Serie A Title & Then Went Bankrupt”

AC Milan owner Cardinale gave his thoughts on his business model for his club.

“Winning championships is obviously an important goal,” he said.

“But you have to balance that with ‘winning smart.’ Inter won the Scudetto last year and then went bankrupt.”

Cardinakle was referring here to the default of former Inter owners Suning on their debt rather than to any bankruptcy of the club itself.”

“Is that really the paradigm we want?” Cardinale posited.

“For the fans, my job is to win the Italian championship every year,” the US businessman continued. “I get that.”

“For my investors, who focus on terminal value appreciation, my job is to position AC Milan to contend for the Scudetto every year, qualify for the Champions League every year, and go through the Champions League competition as far as possible every year.”

“That’s what maximizes cash flow and brand value,” Cardinale argued.

“It is the consistency and reduced amplitude of performance volatility that maximizes value and ultimately, longevity.”