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.
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.
Bernard Arnault pdg #lvmh : « voulez vous acheter comme certains le disent le #milanAC ? Je ne sais d’où vient cette rumeur. J’adore le milan AC mais je le répète une fois de plus nous ne sommes pas du tout intéressé. »
— Emmanuel Duteil (@EmmanuelDuteil) January 28, 2020
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?”