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Berlusconi says he could keep majority share of AC Milan

AC Milan President Berlusconi says he may keep majority share of club amid ongoing sale talks

Berlusconi says he could keep majority share of AC Milan

MILAN (AP) -- AC Milan President Silvio Berlusconi says he may retain a majority stake of the club, in his first comments about a potential sale of the team he has owned for nearly 30 years.

Berlusconi met with Bee Taechaubol on Saturday at the Thai businessman's hotel in central Milan to continue negotiations, which have intensified this week.

It was expected that Taechaubol and his associates would buy between 51 to 60 percent of Milan but Berlusconi says "everything is being discussed; there is the possibility that I will keep the 51 percent."

Berlusconi, who was Italian premier three times, took over Milan in February 1986 and presided over its most successful era.

The 78-year-old Italian says he will remain as club president.


Updated : 2021-09-26 22:15 GMT+08:00