Milan’s holding company Fininvest has reportedly denied that Silvio Berlusconi has sold the club for €700m.

Reports emerged today that the Rossoneri owner had agreed to sell the club to a group of Chinese investors, possibly led by billionaire Jack Ma.

However, Milan News has reported that they have received a communication from Fininvest denying the rumours that a sale had taken place.

Milan’s holding company Fininvest has reportedly denied that Silvio Berlusconi has sold the club for €700m.

Reports emerged today that the Rossoneri owner had agreed to sell the club to a group of Chinese investors, possibly led by billionaire Jack Ma.

However, Milan News has reported that they have received a communication from Fininvest denying the rumours that a sale had taken place.

Pier Silvio Berlusconi, son of the Diavolo chief, has also denied any knowledge of a sale taking place today.

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