Football: Italian 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.
Seven-time European
champions who are Italy’s most successful 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.”