NEWS
Sunday June 5 2016
Berlusconi scuppers Milan sale?

There are increasing reports Silvio Berlusconi is trying to back out of selling Milan to a Chinese consortium.

The President has been close to a sale before only for negotiations to break down and Sky Sport Italia suggest the pattern is repeating.

Berlusconi made it very clear he did not want to sell the club he has owned for 30 years, but his children and holding company Fininvest – as well as many fans – urged him to hand over to someone who could pump fresh funds into the transfer market.

Over the last couple of days, Berlusconi has made several comments suggesting the deal is not close to a conclusion.

He even made offensive ‘jokes’ about “Chinese Communists eating babies during a famine” while speaking to punters at a political rally.

The negotiations with these Chinese investors is exclusive until June 15, but Berlusconi and the group have a clause allowing them to walk away before then without a penalty.

The President has also repeatedly stated that if the sale doesn’t go through, he will build a Milan squad based on Italian youth with Cristian Brocchi as Coach.