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

I

t all started going downhill when they started putting a photo of the writer along side their story. Journalists started to think that 'they' are the story, rather than what they write. Smug, self obsessed & up their own arse's. That sums up the majority of newspaper sports reporters.

cozens
Do We Need So Much Football Media?

T

he reason so much sh*t is written about football is because there are so many people who want to read sh*t about football. Now shut up, take my money, and tell me Ronaldo is going to sign for Van Haal and that Mick McCarthy is signing Peter Crouch on loan.

hump3.
Do We Need So Much Football Media?

W

enger's delaying tactics in the transfer market creates goose pimples whenever a player is linked to Arsenal. The approach in buying players need to be changed@@#

mokaya
New striker 'on Wenger's list'

Footer 365

Louis Van Gaal vows to walk away in 2017

Manchester United manager Louis van Gaal is determined to win the Premier League in the next two seasons but will retire in 2017 regardless.

Sergio Romero signs for Manchester United on three-year deal

Manchester United have signed Argentina international goalkeeper Sergio Romero on a three-year contract.

Bastian Schweinsteiger fitness boost for Manchester United

Manchester United have been handed a lift on their pre-season tour with the sight of Bastian Schweinsteiger training again.

Mail Box

Only Arsenal Fans Care About Friendlies

We are not entirely surprised after Arsenal fans leapt to the defence of friendlies. We also have mails on Louis van Gaal, Liverpool and more mundane tales...

Friendlies: Still Completely Meaningless

There is sharp message for anyone thinking about getting excited about friendlies, plus worries about Wayne Rooney. Every one of you has met a bloody footballer...

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