NEWS
Friday June 5 2015
Reports: Berlusconi sells Milan stake

There are various reports that Silvio Berlusconi has sold a stake of around 45 per cent in Milan to Bee Taechaubol.

The Rossoneri President has been meeting with the Thai investor, popularly known as ‘Mr Bee’, today, with initial reports that he had decided not to give up a large stake in the club.

However, Sky is now reporting that a deal has been struck to sell a 47 per cent stake in the Diavolo to Mr Bee, with the deal worth €470m.

MilanNews agrees that a deal has been reached, but puts the figure at €450m for 45 per cent, quoting information from the club's holding company Fininvest. Both sources would suggest that Berlusconi values the club at €1bn.

Neither Fininvest or Taechaubol has yet confirmed or denied any deal.

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