Silvio Berlusconi not to sell AC Milan

IANS
Silvio Berlusconi

Silvio Berlusconi

Ad

Milan, April 25 AC Milan president Silvio Berlusconi on Thursday dismissed the speculations that he could sell the Rossoneri, Xinhua reported.

Earlier, media reports claimed that Singapore-based businessman Peter Lim is preparing to table an offer of 500 million euro to buy the Serie A club from the Berlusconi family.

“Milan will not be sold, and its worth is more than 500 million euro,” said Berlusconi.

“Let us not joke about something sacred,” he replied to a question asking if the club is worth 501 million euro.

Ad

His daughter Barbara, joint-CEO of AC Milan, said 500 million euro could only cover about half of the club’s assets.

However, this does not rule out the possibility of Lim investing in Milan and buying up a large number of shares for 350 million euro.

Quick Links

Edited by Staff Editor
Sportskeeda logo
Close menu
WWE
WWE
NBA
NBA
NFL
NFL
MMA
MMA
Tennis
Tennis
NHL
NHL
Golf
Golf
MLB
MLB
Soccer
Soccer
F1
F1
WNBA
WNBA
More
More
bell-icon Manage notifications