AS Monaco owner Dmitry Rybolovlev has released a statement denying interest in the takeover of Serie A side Milan.
The reports had spread in Tuttosport and Foot Mercato, following difficulties in financing the club by Yonghong Li.
AS Monaco owner Dmitry Rybolovlev has released a statement denying interest in the takeover of Serie A side Milan.
The reports had spread in Tuttosport and Foot Mercato, following difficulties in financing the club by Yonghong Li.
“Following rumors about AS Monaco football club in the Media these last days, AS Monaco affirms that there is no current negotiation on the sale of the Club or purchase of AC Milan,” read a statement from Vadim Vasilyev (Vice- President and CEO).
“The President Dmitry Rybolovlev is happy to develop the Monegasque project since 7 years.
“AS Monaco points out that the Club was the last one in the League 2 in 2011 and today is the champion of France. The ambition for present and future is intact around young talented players, around modern infrastructures in development but also the ambition to win new trophies. Facts are more important than rumors.
“The entire club is turned today towards the finale of the League Cup and the fight for the qualification in Champions League.”