Monday November 7 2016
Berlusconi to stay on at Milan

It’s thought Silvio Berlusconi will stay as honorary President when he sells Milan, but Adriano Galliani and Barbara Berlusconi will leave.

A Chinese consortium, Sino-Europe Sports, is close to completing a takeover of the Rossoneri and the change of ownership is expected before the end of the year.

According to ANSA and Il Messaggero, Berlusconi has agreed to stay on as a figurehead, despite selling his shareholding.

However, current joint-CEOs Galliani and Barbara Berlusconi will leave, allowing Sino-Europe to appoint their own directors.

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