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  • All the latest updates on AC Milan’s sale
All the latest updates on AC Milan’s sale

All the latest updates on AC Milan’s sale

As we previously reported, Silvio Berlusconi is negotiating the sale of AC Milan with a group of Chinese investors who are working in partnership with an American middle-man, Mr. Salvatore Galatiolo.

Carlo Festa, one of the most influential Italian economic journalists, has released the latest updates on the club’s sale with a post on his personal Sole 24 Ore blog.

“Sal Galatiolo and a very popular International law firm are representing a group of Chinese investors (not more than three) coming from different business areas.”

“They are already in talks with Fininvest to acquire the 70% stake of the club, but according to our sources neither Wanda Group nor China’s sixth richest man Robin Li are part of the group interested in acquiring a majority stake of the club.”

“There are multiple scenarios, but AC Milan’s sale is still far from being a done deal.”

As we previously reported, the club’s o owner Silvio Berlusconi is still not convinced by the China’s group offer as he considers the club’s market value is in the region of € 1 billion, while, according to the new group of Chinese investors’, AC Milan’s worth is around  € 600-700 million.

Lorenzo Bettoni @lorebetto

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