> ANSA English > News

Soccer: AC Milan 'not up for sale'

Berlusconi company denies reports ex-premier wants out

06 March, 12:24
Soccer: AC Milan 'not up for sale' (ANSA) - Milan, March 6 - Silvio Berlusconi's family holding company Fininvest has denied reports that the three-time premier wants to sell AC Milan.

On Wednesday Bloomberg published a story that said Berlusconi was weighing a sale and had commissioned a company, Lazard Ltd, to contact potential buyers.

"Despite the numerous denials, there are new reports of an eventual sale of Milan," a Fininvest statement said referring also past reports of a sale that came to nothing.

"Fininvest reiterates once again that this is a totally groundless hypothesis". Milan have won five of their seven European champions titles and eight of their 18 Serie A titles since Berlusconi bought the club in 1986.

The team are currently ninth in Serie A, 34 points behind leaders Juventus, but they are also Italy's only survivors in the Champions League.

They face Atletico Madrid in the return of their last-16 tie next week after losing the home leg 1-0.