Berlusconi reportedly willing to sell 100% of AC Milan

By Fred Ilondo -

According to today’s edition of La Gazzetta dello Sport, Silvio Berlusconi is pondering whether to sell a 100% stake in AC Milan. The rossoneri owner reportedly informed Adriano Galliani about it yesterday during a meeting held in Arcore.

The Chinese consortium is negotiating the acquisition of the 80% stake in the club, but the Italian paper claims that if Berlusconi decides to sell the club straight away he would cash in the same sum as the club’s market value is estimated around € 500 million.

Berlusconi is supposed to sign a preliminary agreement by the end of the July, which mean this month could be the last one of his presidency which has been lasting for more than 30 years.

Via calciomercato.com

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