Silvio Berlusconi a billion euros Chinese investors agreed to sell 75% stake in Milan.
The transaction will be completed within the next few months, and the final agreement for the sale of Milan will be reached before the end of the week. Berlusconi agreed to the sale of Milan under the condition that his daughter Barbara will retain the CEO Rossoneri.
The intention to get rid of the shares of the club, former Italian Prime Minister said about a year ago.
Berlusconi owns AC Milan since 1986. During this time the club won the championship eight times in Italy, won the Cup six times and the country has won the National Super Bowl.
On the European scene “red-black” five times won the Champions League and Super Cup UEFA. Berlusconi is also a team twice won the Intercontinental Cup and once won the Club World Cup.
Source: Gazeta.kz
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