Silvio Berlusconi addressed speculation surrounding a Chinese buyout of AC Milan, insisting he will only sell the club in order to continue their “glorious history”.
Milan had previously been in talks with Thai businessman Bee Taechaubol, who had a preliminary agreement to buy 48 percent of the club.
Since then, an unnamed Chinese group has reportedly expressed interest in the club, with Italian media placing the fee between €600-€700 million.
Berlusconi admitted he could move on, but only if the right buyer came along.
“I want to sell, but I have to do it in a way that puts Milan in stable and secure hands,” he toldAgenzia Giornalistica Italia (AGI).
“If I sell Milan, it will only be so the club can continue its glorious history.”
Speaking earlier this month, Italian finance broker Salvatore Galatioto, president of Galatioto Sports Partners, said the group, which he could not name, had, “big ambitions and is very, very interested in the club.”
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