The New York Yankees are teaming up with U.S. private equity group RedBird Capital Partners to become minority investors in Italian soccer club Ac Milan The Financial Times reports Yankee Global Enterprise,The MLB parent company , and Los Angeles based investment main firm street Advisors which includes LeBron James and Drake among its group of investors are closing in a deal to purchase the current Serie A Champions for over $1.2billion. The deal will make LeBron and Drake passive investors in Milan through Main Street Advisors, while not owning a direct stake in the soccer club. “We’re very confident that the Yankee brand is the most famous sports brand in the world, and we think we can help boost the revenue of AC Milan by being associated with it,” Yankees president Randy Levine said Tuesday. The news arrives two months after RedBird, which also has a stake in Fenway Sports Group, the owner of English Premier League club Liverpool, acquired AC Milan from Ell...