It’s thought Silvio Berlusconi will stay as honorary President when he sells Milan, but Adriano Galliani and Barbara Berlusconi will leave.
A Chinese consortium, Sino-Europe Sports, is close to completing a takeover of the Rossoneri and the change of ownership is expected before the end of the year.
According to ANSA and Il Messaggero, Berlusconi has agreed to stay on as a figurehead, despite selling his shareholding.
However, current joint-CEOs Galliani and Barbara Berlusconi will leave, allowing Sino-Europe to appoint their own directors.
It’s thought Silvio Berlusconi will stay as honorary President when he sells Milan, but Adriano Galliani and Barbara Berlusconi will leave.
A Chinese consortium, Sino-Europe Sports, is close to completing a takeover of the Rossoneri and the change of ownership is expected before the end of the year.
According to ANSA and Il Messaggero, Berlusconi has agreed to stay on as a figurehead, despite selling his shareholding.
However, current joint-CEOs Galliani and Barbara Berlusconi will leave, allowing Sino-Europe to appoint their own directors.