News Update :

Berlusconi ready to sell Milan for €700 million

Thursday, 6 March 2014



AC Milan owner and Honorary President Silvio Berlusconi is considering selling the shares of the Italian club. 

The former Italian PM is prepared to sell the club for €700 million, Corriere dello Sport reports.  

Berlusconi, 77, already petitioned to Lazard Ltd., with a request to find a buyer for AC Milan.   

Earlier, Lazard Ltd. had helped Inter Milan Honorary President Massimo Moratti sell 70 percent of this Italian club’s shares to Indonesian businessman Erick Thohir.


Culled from NewsAm
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