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Berlusconi Open To Selling AC Milan

Silvio Berlusconi has addressed the speculation of a possible Chinese buyout of AC Milan, stating he will only do so to continue their glorious history.

Milan were in talks with Thai businessman Bee Taechaubol, who had a previous agreement to buy 48% of the club.

Since then, an unnamed Chinese group has reportedly expressed interest in the club, with Italian media placing the fee between €600-€700 million.

Berlusconi admitted he could move on, but only if the right buyer came along.

“I want to sell, but I have to do it in a way that puts Milan in stable and secure hands,” he told Agenzia Giornalistica Italia (AGI).

“If I sell Milan, it will only be so the club can continue its glorious history.”

Speaking earlier this month, Italian finance broker Salvatore Galatioto, president of Galatioto Sports Partners, said the group, which he could not name, had, “big ambitions and is very, very interested in the club.”

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