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Football: Berlusconi dismisses talk of Milan sale to Lim as 'joke'

Published on Apr 25, 2014 6:47 PM
 
Italy's former Prime Minister Silvio Berlusconi looks on as he appears as a guest on the RAI television show Porta a Porta (Door to Door) in Rome on April 24, 2014. 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. -- PHOTO: REUTERS

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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