NEWS
Thursday April 24 2014
Berlusconi: 'Milan not for sale'

President Silvio Berlusconi insists “Milan is not for sale and is worth a lot more than €500m. Certain things are sacred.”

The reports continue to swirl round that Singapore-based businessman Peter Lim is preparing an offer to buy the Serie A club from the Berlusconi family.

It had been suggested the proposal was worth €500m, which joint-CEO Barbara Berlusconi said would only cover around half the club’s assets.

“Milan is not for sale and is worth a lot more than €500m,” Silvio Berlusconi told Porta a Porta this evening.

“Let us not joke around here, as certain things are sacred.”

However, this does not rule out the possibility of Lim investing in Milan and buying up a large number of shares for €350m.

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