Serie A giants AC Milan were sold to Rossoneri Sport Investment Lux on Thursday in a deal which sees the Chinese-led consortium take a 99.9% stake in the club.
The seven-time European champions who are Italy’s most succcessful club in international competition, have been owned by former three-time Italy prime minister Silvio Berlusconi since 1986.
A joint statement by AC Milan’s holding company Fininvest and Rossoneri Sport Investment Lux said: “Today Fininvest has completed the sale of the entire stake owned in AC Milan – equal to 99.93% – to Rossoneri Sport Investment Lux.”
This post was last modified on November 30, 2018 1:57 pm
Nigeria international Victor Osimhen will miss Galatasaray’s first playoff game in the UEFA Europa League… Read More
Saudi Arabian clubs appear to be repeating a familiar pattern in their pursuit of Nigerian… Read More
Super Eagles striker Victor Osimhen was on target for Galatasaray, but his goal was not… Read More
Super Eagles winger Nathan Tella has expressed his desire to return to the Nigerian national… Read More