NEWS
Friday February 19 2016
Milan look to Chinese investment

Paolo Berlusconi confirmed Milan have “several options in the Chinese market that will allow us to invest a great deal of money.”

The Rossoneri’s negotiations to sell 48 per cent of the club to ‘Mr Bee’ Taechaubol continue to drag on with no end in sight.

Now Paolo Berlusconi, the brother of President Silvio and himself Vice-President, has spoken to Milan Channel about reports of new investors in China.

“Silvio’s empire was based above all on television and with the crisis in that sector it’s natural Milan suffered too. This could’ve caused him to sell the club without worrying too much about what would become of Milan.

“Instead, he wants to grow Milan and take the side back to the levels where it belongs, to find new partners who not only bring in fresh capital, but also help the club grow.

“The Chinese market is, for us, the ideal solution. Without getting into details, there are several options in the Chinese market that are aimed at allowing us to invest a great deal of money.”

This week marks the 30th anniversary of Berlusconi buying up the club, which at the time was on the verge of bankruptcy.

“Silvio’s story with Milan is like adopting a baby. You love him even before seeing him, but when you raise him then you both become one entity.

“We know that the origins of Milan go way back, but today if you talk about Milan abroad, they all connect it to Berlusconi.”

Silvio has been critical of Coach Sinisa Mihajlovic in public, but Paolo Berlusconi was more reassuring.

“As we have a great Coach, we must give him time to mature. Milan are confident they are in good hands, the players are aware of that, which gives the President confidence.”