Quantcast
logo

Chinese Consortium Bought AC Milan

  • Chinese Consortium Bought AC Milan

    Former Italian Prime Minister, Silvio Berlusconi, owner of the Serie A team mentioned it to a local newspaper on Tuesday that he has sold AC Milan, the football club to a Chinese consortium. Over the next two years, the buyer will be paying at least 400m. This is going to value the club at least 750m, including the debt. The identity of the buyers has not yet been revealed.