Repubblica: Arnault-Milan rumours could have been part of big scam operation – the details

By Oliver Fisher -

It appears as though the rumours regarding Bernard Arnault buying AC Milan could have been part of a fraud attempt, according to a report.

Today’s edition of La Repubblica reveals that there could be a scam attempt behind the rumours regarding Milan and a possible sale to Arnault, the head of the Louis Vuitton group. The investigators of the Milan Public Prosecutor’s Office are evaluating the hypothesis of a crime against a figure for now called ‘MV’, a 62-year-old from Brescia, a former bank official.

This person would have declared himself the trusted man of the French billionaire in Italy and his interlocutor in the negotiations for the purchase of the Rossoneri club. He ensured that no one better than him could handle the deal with Elliott Management and the Singer family.

DV claimed to have been in charge of the most operational part of the project acting on behalf of Arnault by setting up the Italian management team that was to manage the French-owned AC Milan in the future. He contacted the potential general manager – a well-known executive with various football experiences – convincing him to form this team as soon as possible. The management team had been put together with leading figures in Italian football.

There were team meetings and during this the person in question made it clear that he was in constant contact with Arnault to discuss the various projects concerning Milan, from the stadium to the transfer market. Two other figures also entered the scene: AA, business partner of MV and he too is from Brescia, and a financial consultant who always remained on the phone going by the name Christiane Valier.

Over time some members of the team would expressed perplexity about the operation, but reassurance emails arrived from apparently true addresses including one in which an important manager of an international bank endorsed the guarantees of the intermediary.

The meeting never took place and the team members understood the trend. At the end of last summer, Antonio Belloni – general manager of LVMH – answered them in a succinct way: “I don’t know any of the people you speak of.”

There began to be strong suspicions regarding the Brescia intermediary and complaints arrived. In 2021 the case ended at the Milan prosecutor’s office. The Carabinieri are carrying out checks to see if there has been a scam attempt by mediators.

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Tags AC Milan Bernard Arnault
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