Fininvest deny Milan sale

Fininvest, holding company of Silvio Berlusconi, have denied speculation that it was considering selling AC Milan.

Last Updated: 06/03/14 at 11:11 Post Comment

Any sale of AC Milan has been denied

Any sale of AC Milan has been denied

More of the games that matter

Upgrade in minutes or watch with a NOW TV Day Pass.

Fininvest, holding company of former Italian Prime Minister Silvio Berlusconi, on Thursday denied media speculation that it was considering selling AC Milan.

Bloomberg reported this week that Berlusconi had hired a company to seek potential buyers for the Serie A club.

Fininvest, who own the Italian football club, issued a statement on AC Milan's official website which read: "Despite the numerous denials, rumours return to circulate regarding a possible sale of Milan.

"Fininvest confirms once again that it (rumour) is just a hypothesis without any foundation."

Back in 2009, Fininvest brushed aside reports that Berlusconi was considering selling the Italian giants to Libyan sovereign funds.

Berlusconi acquired Milan back in 1986 with the club on the brink of bankruptcy.

Under his control, Milan have won eight Serie A titles, one Coppa Italia, five Supercoppa Italiana, five Champions League trophies, five Super Cups, two Intercontinental Cups and one FIFA club World Cup.

Milan are valued by Forbes magazine at 745million euros.

The 77-year-old Berlusconi appointed back in December his daughter Barbara as joint vice-president with Adriano Galliani.

Milan are 10th in Serie A, 34 points behind runaway league leaders Juventus.


New Sky Bet customers: Free matched bet up to £30


More of the games that matter

Upgrade in minutes or watch with a NOW TV Day Pass.

Related News

Most Commented

Readers' Comments

N

ow is the time for Allardyce to finally get a chance at a big club please. He is likely to have a number of great offers for his services this summer, but who will he choose? Will it be Liverpool, Real Madrid, Dortmund or Man City?

medina_sod
Allardyce leaves West Ham

I

thought exactly this when the Match of the Day pundits were peddling this line. Is it really not okay for fans of a club to have some ambition these days then?

damoceltic
Bored Of Big Sam? It's Your Right...

H

ow magnanimous off him - to leave if he's asked to by the owners? What's the alternative, bunker down in his office claiming squatter's rights if FSG want rid?

feed the bear
Rodgers: I'll go if owners want

Footer 365

FA chairman Greg Dyke says Sepp Blatter "has to go".

Football Association chairman Greg Dyke insists that "Sepp Blatter has to go as FIFA president".

Jack Warner has been arrested and bailed in Trinidad

Jack Warner has been arrested and will be released on bail in Trinidad and Tobago as part of the FIFA investigation.

FIFA president Sepp Blatter welcomes US investigations

FIFA president Sepp Blatter has issued a statement welcoming investigations by US and Swiss authorities

Mail Box

Vidic Is Part Of United's 'Budget XI'

We have post-2000 budget XIs on behalf of Manchester United, Liverpool, Chelsea and Spurs. Plus gaelic football, FIFA, more awards and the majesty of Il Fenomeno...

Europa League: Hardly The AIA Cup

A Spurs fan definitely isn't bothered his side aren't in the Europa League final tonight. Also, a warning about Michael Laudrup, and how to build a team with less than £20m.

© 2015 Sky Ltd. All Rights Reserved A Sky Sports Digital Media company