NEWS
Friday May 1 2015
Berlusconi agrees Milan sale?

Further reports are emerging that Silvio Berlusconi has agreed to sell the controlling stake in Milan to Bee Taechaubol.

It was reported this afternoon that the deal will be completed tomorrow, with Berlusconi having spoken to Mr Bee by phone to inform him that the deal can go ahead.

Now Gazzetta dello Sport is citing sources from inside Fininvest, the Rossoneri’s holding company which Berlusconi owns, who state that the deal has been agreed.

The newspaper expects a statement later today, or tomorrow morning at the latest. It’s reported that legal and administrative procedures have already been completed.

It's believed the Thai property tycoon will pay around €500m for 51 per cent of the shares.