Former Milan President Silvio Berlusconi has agreed to buy out 100 per cent of Serie C side Monza, with Adriano Galliani as CEO.
The negotiations have been going on for a few weeks and had initially been to purchase 70 per cent of the club, but increased that to a complete takeover.
Current patron Nicola Colombo will remain as President, with ex-Milan chief Galliani taking over as CEO.
“Maintaining this role is an honour, especially as I will no longer hold any of the club capital,” declared Colombo.
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