Saturday, April 16, 2016

Silvio Berlusconi may sell the San Siro membership next month, with new curiosity from an unnamed group arising following a breakdown in takeover talks with one other social gathering

AC Milan might be bought to a Chinese consortium "in six-to-eight-weeks", in keeping with monetary dealer Salvatore Galatioto.
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Thai businessman Bee Taechaubol has lengthy been in talks relating to a takeover of the club however negotiations have hit stumbling blocks
during current months.

Membership president Silvio Berlusconi was reported last month to have issued an ultimatum to 'Mr Bee' - who is claimed to have struggled to draw investors because the injury sustained by the Chinese language inventory market - informing him he should table a bid by the top of the season.

With those talks showing little sign of a breakthrough, an unnamed Chinese language group now seems poised to buy the club, with reports in Italy placing the charge between €600-€seven hundred million.

Galatioto, president of Galatioto Sports activities Partners - a consultancy firm which has achieved nice success with sporting franchises in the United States prior to now - instructed La Gazzetta dello Sport: "For apparent reasons I can not reveal who the potential purchaser is. I can solely say that it is a Chinese group that has large ambitions and that is very, very interested in the club.

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