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The Sporting Page

Business of Sports · SOCCER

RedBird Names Brett Yormark CEO of New Milan Sports Company

The holding company brings together RedBird’s AC Milan and venue investments.

By TSP Staff
The Generali Stadium project presentation at Castello Sforzesco
The Generali Stadium project was unveiled at Castello Sforzesco in Milan on Oct. 29, 2026. · Credit: AC Milan

RedBird Capital Partners launched Milan Sports & Entertainment on Friday and named outgoing Big 12 Commissioner Brett Yormark its chief executive. The company will manage RedBird’s Milan sports, infrastructure and live entertainment investments.

The portfolio includes RedBird’s interests in AC Milan and the planned 71,500-seat stadium the club is developing with Inter Milan. RedBird also plans a venue-management business and said it would explore acquiring a Milan franchise if the proposed NBA Europe league goes ahead.

Yormark previously ran the Brooklyn Nets’ parent company. The Big 12 announced last month that he would step down as commissioner effective Jan. 31, 2027.

Sources and notes

  1. Reuters report on the RedBird announcement | https://www.reuters.com/sports/soccer/redbird-launches-milan-sports-holding-company-names-brett-yormark-ceo-2026-11-13/
  2. RedBird statement via Business Wire | https://finance.yahoo.com/media-advertising/articles/redbird-capital-partners-launches-milan-120000819.html
  3. Big 12 announcement of Yormark’s departure | https://big12sports.com/news/2026/10/30/general-commissioner-brett-yormark-to-leave-big-12-conference.aspx