AC Milan president and owner Silvio Berlusconi has reiterated his stance that the Rossoneri are not for sale.
The Milan club have had a tumultuous season, with the team sitting in seventh place in the league after sacking coach Massimiliano Allegri earlier in the season due to poor performances.
With the team hit hard by financial restrictions in recent seasons, Berlusconi has been looking for investors to buy a 30% stake in the club.
However reports have surfaced that there have been multiple investors who are looking to buy a majority stake in the club, something Berlusconi has denied while speaking to Sky Sports Italia.
“Milan isn’t for sale and are worth more than €500 million. I am not joking on serious matters such as this.”
Berlusconi’s stance comes in the wake of a reported €350 million bid from Singapore tycoon Peter Lim which was denied by Fininvest, a financial holding company controlled by the Italian family.
