Bee Taechaubol released a statement criticising “inaccuracies” spread by Pablo Victor Dana about his Milan investment.
The Thai magnate agreed a deal to buy 48 per cent of the club from President Silvio Berlusconi, a transfer of shares that they hope to complete within eight weeks.
“I continue to read in some Italian media reconstructions and background information that do not correspond to reality,” read the statement.
“I am also attributed in an entirely arbitrary way intentions that are far from what I really want.
“I can deny that I expressed a view on the transfer market or the coaching staff, which are down to President Berlusconi and his collaborators.
“I also wish to point out that Mr Pablo Dana, interviewed today in La Repubblica and La Gazzetta dello Sport, does not represent me and does not have permission to speak for me.
“I wish to reaffirm what was already stated, which is that Milan remain under the control of President Silvio Berlusconi.
“The operation is a success for President Berlusconi and for Milan, whose brand can be further spread in the Asian market thanks to my entry into the club.
“In these eight weeks, a period of exclusive collaboration, I will not give any interviews. This is time for work, not words.”
Dana had given two lengthy interviews on the background to the Milan negotiations, plans to float the club on the stock exchange by 2016 and how Bee and Berlusconi were the epitome of “opposites attract.”
Dubai-based Dana is a financial advisor and Milan supporter who helped broker the deal.