Soccer: 'Mr Bee' wants majority stake in Milan

Thai magnate Taechubol coming to Milan Sunday

(ANSA) - Bangkok, April 22 - Thai businessman Bee Taechaubol - dubbed 'Mr Bee' by the Italian media - is coming to Milan Sunday "with the intention of immediately buying a majority stake in (AC Milan)", a spokesman for his Thai Prime investment fund told ANSA Wednesday. Taechubol is coming to Milan via London, the spokesman said.
    Taechaubol was quoted as saying by Italian media on Monday that he was confident of "signing and closing" an agreement to buy a stake in the Serie A giants from owner Silvio Berlusconi's Fininvest holding company on Sunday.
    The Thai magnate was expected to acquire an initial 20% of the seven-time European champions, with a view to taking up a controlling 65% stake next year.
    Taechaubol met Berlusconi earlier this year, but Fininvest denied media reports that the ex-premier had agreed to sell a controlling stake in the club to him.
    Another consortium formed by Chinese investors has also reportedly been in talks to take over Milan.
    Berlusconi sources have repeatedly denied reports the three-time premier plans to sell Milan, to anyone.
    There have been recurrent rumours that Berlusconi is aiming to sell part or all of Milan, which the mogul bought in 1986 before bankrolling a triumphant spell that saw them take their Serie A title tally to 18 and their European Cup/Champions League haul to seven.
    Success has been rarer of late and the Rossoneri have incurred the owner's displeasure with their recent performances, leading to speculation about coach Pippo Inzaghi's job.
   

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