Bernard Arnault responds directly to rumours Louis Vuitton group could buy AC Milan

By Oliver Fisher -

Louis Vuitton owner Bernard Arnault has once again denied that he is interested in buying AC Milan from Elliott Management.

Newspaper La Repubblica recently went big with a report which stated that that Arnault has tabled a €975m bid to buy Milan, and a number of sources have continued to insist that the Frenchman has a genuine interest.

However, the one constant theme has been denials. Denials arrived from an LVMH spokesperson regarding the Repubblica, and more arrived on Instagram from Bernard Arnault’s son, Antoine.

Our correspondent Vito Angele informed us that he had learned through a friend of Ariedo Braida that talks have progressed to the extent that Arnault is close to sealing a deal worth almost €1billion to buy the Rossoneri.

He told us that Braida is playing a key role in the negotiations, and that the concrete possibility of hiring Massimiliano Allegri as a new coach for the 2020-2021 season would have emerged.

However, Arnault has now once again responded to the speculation, stating he is not interested.

“I do not know where this rumour came from. I love AC Milan but I repeat once again we are not at all interested,” he said, as per Emmanuel Duteil.

In addition, MilanNews.it claim he told a press conference: “This topic is really a mystery because I really admire Milan.

“It is a great team with extraordinary players, and some of you keep asking me what’s going on. It’s probably the sixth or seventh time in six years that I deny interest in acquiring this great football club.

“What I’m saying now probably won’t stop newspaper speculation. Will the mystery continue? I don’t know. Maybe it’s an Italian mystery, who knows?”

Tags AC Milan Bernard Arnault