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What Would Chinese Investment Mean for AC Milan’s Future?
- Updated: May 11, 2016
He’s as much a part of the AC Milan furniture as the San Siro itself, but as one of the grand old names of Italian football comes to the end of another underwhelming season, it is understandable that another one, Silvio Berlusconi, should be considering his position.
The former Italian Prime Minister celebrated 30 years in charge of his beloved Rossoneri in February, but in the year he turns 80 years old, he has to realise that both the games of football and football ownership have changed, especially in Italy.
Serie A is not the coveted destination for footballers that it once was, and nor is it the same league that was responsible for breaking the world-football transfer record 18 times out of 23 between 1952 and 2000 (via MyFootballFacts).
The money and the glamour is elsewhere these days, and Berlusconi—who has presided over 28 trophies, with eight Serie A titles and five European Cups in 1989, 1990, 1994, 2003 and 2007, must realise that. As a man with a fairly active life, he probably deserves some down-time anyway.
Enter China, and the possibility to bring AC Milan up to speed with the elite of European football once more.
Per Reuters (h/t Yahoo Sports), Berlusconi has entered into exclusive talks with a group of Chinese investors over the possibility of selling his majority stake in the club, with a memorandum of understanding between his company Fininvest and the …
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