Former director suggests Arnault’s denials could be serving to cover the purchase of Milan

By Oliver Fisher -

Former director Umberto Gandini has offered some insight as to potentially why Bernard Arnault’s denials may not mean there is no negotiation regarding the sale of AC Milan.

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.

La Repubblica insisted meanwhile 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, denials have never been far away. An LVMH spokesperson dismissed the Repubblica report, and Bernard Arnault himself denied the rumours at a press conference on Wednesday.

Umberto Gandini, who worked at Milan from 1993 until 2016 Rossoneri manager, spoke to Radio Sportiva about the speculation.

“I think Arnault’s declaration was necessary to curb the many rumours,” he said (via MilanNews.it).

“It may also have been a way to take the spotlight from this situation, if the deal were to be made the news would come out only when things were done.”

Tags AC Milan Bernard Arnault Umberto Gandini