Football: Berlusconi dismisses talk of Milan sale to Lim as 'joke'
Published on Apr 25, 2014 6:47 PM
ROME (REUTERS) - Silvio Berlusconi has denied that AC Milan is up for sale after reports claimed that Singaporean businessman Peter Lim was ready to fork out 500 million euros (S$869 million) for a majority stake in the Italian club.
"Milan is not for sale, not for 500 million euros and not for 510 million, it's worth a lot more than that," said the club's president at the end of an appearance on Italian current affairs programme "Porta a Porta" late on Thursday. "Let's not joke around here, certain things are sacred."
Italian media reported on Thursday that billionaire investor Lim will make a bid for a controlling stake in the seven-time European champions, who are struggling in Serie A this season.
The Gazzetta Dello Sport claimed that Chinese billionaire Zong Quinghou is also interested in purchasing the club.
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