AC Milan president interested in finding new investors

Date: 16th October 2013 at 6:36pm
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AC Milan president Silvio Berlusconi is reportedly looking for a foreign investor to enable the club to balance their books and strengthen their squad.

Contrary to Inter president Massimo Moratti, who recently sold 70% of the Nerazzurri to Indonesian businessman Erick Thohir, the former Italian Prime Minister does not intend on selling the majority of his shares at this time.

Tutto Sport reports that Berlusconi has given a mandate to a trusted acquaintance who is set to depart for the United Arab Emirates to find potential partners. The hope is that these new investors would help the club invest more money in hopes of becoming a dominant force in Europe once again.

The personal and political problems of the Rossoneri president have urged him to consider co-ownership as a solution for the current financial problems engulfing Italian football.

Berlusconi took over as Milan president in 1986 and has since guided the club to eight Scudetto victories to go along with five Champions League trophies amongst various other honours.

 

One response to “AC Milan president interested in finding new investors”

  1. AlŸ says:

    What a good conclusion.