Silvio Berlusconi

AC Milan

AC Milan Under Investigation For Money Laundering

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According to reports in Italy, Italian prosecutors have opened an investigation into whether the deal to sell AC Milan to Chinese investors last year was inflated for money-laundering purposes.

Milan prosecutors reportedly want to know if the €740 million paid to Silvio Berlusconi to buy out the seven-time European champions was overvalued in a deliberate move to bring large sums of money into Italy from abroad, the newspaper said.

Prosecutors deny AC Milan money-laundering investigation

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Rome (AFP) – Italian prosecutors have denied media reports that they have opened an investigation into whether the deal to sell AC Milan to Chinese investors last year was inflated for money-laundering purposes.

“As it stands no criminal proceedings have been opened regarding the sale of AC Milan,” said Francesco Greco, the chief prosecutor of the city of Milan.

Italian prosecutors deny AC Milan money-laundering investigation

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Rome (AFP) – Italian prosecutors have denied media reports that they have opened an investigation into whether the deal to sell AC Milan to Chinese investors last year was inflated for money-laundering purposes.

“As it stands no criminal proceedings have been opened regarding the sale of AC Milan,” said Francesco Greco, the chief prosecutor of the city of Milan.

Money-laundering probe opened into AC Milan sale – reports

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Rome (AFP) – Italian prosecutors have opened an investigation into whether the deal to sell AC Milan to Chinese investors last year was inflated for money-laundering purposes, La Stampa reported on Saturday.

Milan prosecutors want to know if the 740 million euros ($786 million) paid to Silvio Berlusconi to buy out the seven-time European champions was overvalued in a deliberate move to bring large sums of money into Italy from abroad, the newspaper said.

Money-laundering probe opened into AC Milan sale – reports

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Rome (AFP) – Italian prosecutors have opened an investigation into whether the deal to sell AC Milan to Chinese investors last year was inflated for money-laundering purposes, La Stampa reported on Saturday.

Milan prosecutors want to know if the 740 million euros ($786 million) paid to Silvio Berlusconi to buy out the seven-time European champions was overvalued in a deliberate move to bring large sums of money into Italy from abroad, the newspaper said.

AC Milan coach Gattuso looking at frugal January

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Milan (AFP) – AC Milan coach Gennaro Gattuso said on Friday that the under-pressure club were looking at a frugal January transfer window after their summer spending spree failed to turn their ailing fortunes around.

“No player has asked to leave, the owners know that I’m okay,” said Gattuso on the eve of Saturday’s Serie A game against Crotone before the two-week winter break in Italy.

AC Milan coach Gattuso looking at frugal January

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Milan (AFP) – AC Milan coach Gennaro Gattuso said on Friday that the under-pressure club were looking at a frugal January transfer window after their summer spending spree failed to turn their ailing fortunes around.

“No player has asked to leave, the owners know that I’m okay,” said Gattuso on the eve of Saturday’s Serie A game against Crotone before the two-week winter break in Italy.

Sunderland’s Borini signs Milan deal

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Milan (AFP) – AC Milan on Friday announced the signing of mercurial Sunderland striker Fabio Borini on a one-year loan deal the Italian giants must make permanent at the end of next season.

Borini, who has played for Chelsea, Liverpool and Sunderland as well as Roma, is the second striker to be signed by the resurgent Serie A giants this close season following the capture of Andre Silva from Porto on a five-year deal two weeks ago.

Milan slip-up hands Europa impetus to Inter

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Milan (AFP) – AC Milan suffered a second league setback since their takeover by a Chinese consortium to boost rivals Inter’s bid for one of two Europa League spots in Italy’s Serie A.

Milan travelled to relegation-haunted Crotone looking to make up for a shock 2-1 San Siro defeat to struggling Empoli last week.

Milan slip-up hands Europa impetus to Inter

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Milan (AFP) – AC Milan suffered a second league setback since their takeover by a Chinese consortium to boost rivals Inter’s bid for one of two Europa League spots in Italy’s Serie A.

Milan travelled to relegation-haunted Crotone looking to make up for a shock 2-1 San Siro defeat to struggling Empoli last week.

New AC Milan president Li given Berlusconi backing

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Milan (AFP) – Yonghong Li was officially named AC Milan’s new president on Friday, but reminded fans the Serie A club’s new Chinese owners could “always count on” iconic former owner Silvio Berlusconi.

A remarkable 31-year reign at the Italian giants ended for Berlusconi on Thursday when the 80-year-old media tycoon and former prime minister of Italy sold Milan to Chinese consortium Rossoneri Sport Investment Lux.

New AC Milan president Li given Berlusconi backing

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Milan (AFP) – Yonghong Li was officially named AC Milan’s new president on Friday, but reminded fans the Serie A club’s new Chinese owners could “always count on” iconic former owner Silvio Berlusconi.

A remarkable 31-year reign at the Italian giants ended for Berlusconi on Thursday when the 80-year-old media tycoon and former prime minister of Italy sold Milan to Chinese consortium Rossoneri Sport Investment Lux.

Chinese buyers ‘committed’ to AC Milan purchase

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Milan (AFP) – A Chinese consortium that has made a mammoth down payment to buy seven-time European champions AC Milan has reiterated its “commitment” to completing the deal after missing yet another deadline on Friday.

Milan’s media tycoon owner Silvio Berlusconi agreed in August 2016 to sell the club to Sino-Europe Sports (SES) in a deal that values the Serie A giants at 740 million euros ($825.

AC Milan want deal sealed ‘as soon as possible’

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Milan (AFP) – AC Milan will push to conclude the sale of the Serie A giants to a Chinese consortium “as soon as possible” after announcing a new delay Friday.

The club’s holding company Fininvest said the sale had been postponed after failure to meet the March 3 deadline.

Milan’s media tycoon owner Silvio Berlusconi agreed in August 2016 to sell the club to Sino-Europe Sports (SES) in a deal that values the Serie A giants at 740 million euros ($825.

Montella hails Berlusconi as Milan pip Sassuolo

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Milan (AFP) AC Milan coach Vincenzo Montella paid tribute to Silvio Berlusconi by dedicating victory over Sassuolo in a seven-goal thriller to the club owner as he prepares to sell the Serie A giants.

Milan, who have not won the Italian league since 2011, looked to be on their way to a third defeat in seven games on Sunday as they trailed 3-1 at home to Sassuolo just before the hour mark.

Montella hails Berlusconi as Milan pip Sassuolo

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Milan (AFP) AC Milan coach Vincenzo Montella paid tribute to Silvio Berlusconi by dedicating victory over Sassuolo in a seven-goal thriller to the club owner as he prepares to sell the Serie A giants.

Milan, who have not won the Italian league since 2011, looked to be on their way to a third defeat in seven games on Sunday as they trailed 3-1 at home to Sassuolo just before the hour mark.

China firm hit by new forgery claims in AC Milan deal

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Shanghai (AFP) The Chinese consortium that agreed to buy AC Milan in a multi-million dollar deal this summer has been hit with new forgery claims, local media said Friday.

In August, Silvio Berlusconi agreed to sell more than 99 percent of AC Milan to a little-known Chinese consortium named Sino-Europe Sports Investment Management Changxing.

China firm hit by new forgery claims in AC Milan deal

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Shanghai (AFP) The Chinese consortium that agreed to buy AC Milan in a multi-million dollar deal this summer has been hit with new forgery claims, local media said Friday.

In August, Silvio Berlusconi agreed to sell more than 99 percent of AC Milan to a little-known Chinese consortium named Sino-Europe Sports Investment Management Changxing.

Forgery claims hit AC Milan takeover bid

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Milan (AFP) A Chinese consortium looking to purchase AC Milan has been accused of providing false documents during its initial negotiations with the Serie A giants, according to reports Wednesday.

Sino-Europe Sports Investment Management Changxing Co, led by businessman Li Yonghong, has already paid 100m euros to Fininvest, the holding company of AC Milan owner and president Silvio Berlusconi, who is expected to sign off on the 740m euro deal by the end of the year.

Forgery claims hit AC Milan takeover bid

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Milan (AFP) A Chinese consortium looking to purchase AC Milan has been accused of providing false documents during its initial negotiations with the Serie A giants, according to reports Wednesday.

Sino-Europe Sports Investment Management Changxing Co, led by businessman Li Yonghong, has already paid 100m euros to Fininvest, the holding company of AC Milan owner and president Silvio Berlusconi, who is expected to sign off on the 740m euro deal by the end of the year.

‘Exclusive’ Chinese talks pave way for AC Milan takeover

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Milan (AFP) AC Milan moved a step closer to a takeover after the struggling Serie A giants announced the start of "exclusive negotiating rights" with Chinese investors on Tuesday.

Club owner Silvio Berlusconi said last week he was open to selling a majority stake in the fallen seven-time European champions, with a preference to keep the club "in Italian hands".

‘Exclusive’ Chinese talks pave way for AC Milan takeover

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Milan (AFP) AC Milan moved a step closer to a takeover after the struggling Serie A giants announced the start of "exclusive negotiating rights" with Chinese investors on Tuesday.

Club owner Silvio Berlusconi said last week he was open to selling a majority stake in the fallen seven-time European champions, with a preference to keep the club "in Italian hands".

Carlos Bacca winner gives AC Milan Europa League hope

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Carlos Bacca's first-half penalty secured a precious 1-0 win at Bologna as struggling Serie A giants AC Milan continue their bid to qualify for next season's Europa League.

Seven-time European champions Milan have failed to hit the heights for the past few seasons and owner Silvio Berlusconi said last week he is ready to sell the club to "the right buyer, preferably an Italian".

Carlos Bacca winner gives AC Milan Europa League hope

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Carlos Bacca's first-half penalty secured a precious 1-0 win at Bologna as struggling Serie A giants AC Milan continue their bid to qualify for next season's Europa League.

Seven-time European champions Milan have failed to hit the heights for the past few seasons and owner Silvio Berlusconi said last week he is ready to sell the club to "the right buyer, preferably an Italian".

Chinese set to buy AC Milan, says broker

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Photo credit: AFP

A Chinese consortium with big ambitions for AC Milan should complete a takeover of the seven-time European champions within six to eight weeks, a broker acting for both parties said in reports Saturday.

If confirmed, it would prove a dramatic about-turn for Milan owner Silvio Berlusconi, who only weeks ago said he would not sell a majority share in the Serie A giants.

Chinese set to buy AC Milan, says broker

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Photo credit: AFP

A Chinese consortium with big ambitions for AC Milan should complete a takeover of the seven-time European champions within six to eight weeks, a broker acting for both parties said in reports Saturday.

If confirmed, it would prove a dramatic about-turn for Milan owner Silvio Berlusconi, who only weeks ago said he would not sell a majority share in the Serie A giants.

Fans ‘with Mihajlovic’ as Berlusconi cops AC Milan flak

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Photo credit: AFP

Angry fans of seven-time European champions AC Milan have turned on club president Silvio Berlusconi for sacking Sinisa Mihajlovic and appointing yet another coach with no top level experience.

"Mihajlovic is just the latest innocent (coach) to pay for the mismanagement of the club, all with the complicit approval of President Berlusconi," a prominent supporters group said on Wednesday.

Fans ‘with Mihajlovic’ as Berlusconi cops AC Milan flak

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Photo credit: AFP

Angry fans of seven-time European champions AC Milan have turned on club president Silvio Berlusconi for sacking Sinisa Mihajlovic and appointing yet another coach with no top level experience.

"Mihajlovic is just the latest innocent (coach) to pay for the mismanagement of the club, all with the complicit approval of President Berlusconi," a prominent supporters group said on Wednesday.

Crisis for Mihajlovic as AC Milan see Europe slipping away

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AC Milan coach Sinisa Mihajlovic could be resigned to a possible summer departure after reportedly claiming he can't "do any more" with the struggling Serie A giants.

Milan's hopes of battling their way to a top three finish and a possible return to the Champions League after a two-year absence were virtually ended by a scoreless draw at Chievo on Saturday.

Crisis for Mihajlovic as AC Milan see Europe slipping away

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AC Milan coach Sinisa Mihajlovic could be resigned to a possible summer departure after reportedly claiming he can't "do any more" with the struggling Serie A giants.

Milan's hopes of battling their way to a top three finish and a possible return to the Champions League after a two-year absence were virtually ended by a scoreless draw at Chievo on Saturday.

The master plan behind AC Milan’s takeover

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The master plan behind AC Milan's takeover - originally posted on Soccerlens.com

After months of speculation and widespread rumours, it seems like AC Milan have finally reached an agreement with Thai investor Bee Taechaubol for a 48 percent stake in the Serie A club. The club president Silvio Berlusconi has confirmed the news, and the contract papers will be signed just after his 79th birthday at the end of the month.

Berlusconi Sells Stake In AC Milan That Values Club At €1B

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AC Milan president Silvio Berlusconi has signed a pre-sale agreement to sell 48 percent of his one of Europe's most storied clubs to a group led by Thai businessman Bee Taechaubol(Mr. Bee) by the end of September.

A spokesman for holding company Fininvest said:

'A deadline of September 30 has been set for transfer of the stake and payment of the 480 million euros by September 30.

Liverpool striker Mario Balotelli a player at the crossroads

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When Liverpool shelled out £16 million ($24.6m) for AC Milan striker Mario Balotelli, the Reds expected a goal return akin to the one the Italian produced during his time at the San Siro.

His Rossoneri return was excellent, 26 goals in 43 appearances, despite being labelled as a ‘bad apple' by Milan owner Silvio Berlusconi.

Liverpool striker Mario Balotelli a player at the crossroads

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When Liverpool shelled out £16 million ($24.6m) for AC Milan striker Mario Balotelli, the Reds expected a goal return akin to the one the Italian produced during his time at the San Siro.

His Rossoneri return was excellent, 26 goals in 43 appearances, despite being labelled as a ‘bad apple' by Milan owner Silvio Berlusconi.

AC Milan Report Record 91 Million Euro Loss

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AC Milan have reported a loss of €91.28 million for 2014, the highest in the history of the soccer club. What has to worry Milan fans is that the continuing to widen significantly.

In 2012 the club lost €6.86 million. In 2013 that loss had grown to €15.7 million and then rocketed to €91.

Daily musings: A potential AC Milan lifeline and Arsenal’s puzzling figure, Abou Diaby

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Daily musings: A potential AC Milan lifeline and Arsenal's puzzling figure, Abou Diaby - originally posted on Soccerlens.com

Skimming through today's news ahead of a packed weekend of European football, events in Milan and North London catch the eye.

AC Milan set to receive a much-needed lifeline?

AC Milan Confirm They Will Be Sold

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It looks like AC Milan owner Silvio Berlusconi has finally decided to pul the trigger that will see him sell a majority stake in the Italian giants to Chinese investors.

According to AskaNews, Berlusconi has said in private meetings that "the sale of 75 per cent of Milan is a done deal", with only a few months needed to iron out the details.

The Rest

‘I’m Not Sexist, I Just Think Women Shouldn’t Talk About Football’ – Sinisa Mihajlovic Confirms He’s Definitely Not Sexist

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Hardly regarded as one of football's classiest acts, Sinisa Mihajlovic has a long history of failing to keep his nigh-on medievalworld view to himself.

The Serbian lost his job as AC Milan manager at the weekend whenthe equallyobsequious Silvio Berlusconi ran out of patience and pulled the plug on his 10-month tenure, immediatelyreplacing him with Christian Brocchi.

Milan president Silvio Berlusconi delighted to sell ‘rotten apple’ Mario Balotelli to Liverpool

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AC Milan president Silvio Berlusconi has indicated he is pleased to have sold Mario Balotelli to Liverpool for £16m. Berlusconi called the Italy...

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