There are reports Milan will sell 20 per cent of the club to Sheikh Mohammed bin Rashid Al-Maktoum, giving them huge funds and the chance to buy out San Siro.
The links have come about because of the President of the United Arab Emirates’ uncle, who is often seen visiting the Rossoneri camp.
There are reports Milan will sell 20 per cent of the club to Sheikh Mohammed bin Rashid Al-Maktoum, giving them huge funds and the chance to buy out San Siro.
The links have come about because of the President of the United Arab Emirates’ uncle, who is often seen visiting the Rossoneri camp.
The chairman of Emirates Airline & Group, Ahmed bin Saeed Al-Maktoum, is known as Milan’s ‘biggest fan’ and already signed a five-year deal sponsoring the Rossoneri.
It is reported that Berlusconi is in talks with Sheikh Al-Maktoum to sell him 20 per cent of the club’s shares, although this might be considered too little, for around €200m.
The plan includes buying the Stadio Giuseppe Meazza off the local council and making it a Milan-only arena, as Inter intend to build their own venue.
In all, the investment predicted by the Italian newspapers is worth €23bn.
However, the Sheikh’s spokesman Gianluca Laliscia insisted “there are no planned meetings with anyone regarding an improbable involvement or interest in football at any level.
“This is especially true as Mohammed bin Rashid Al-Maktoum has never showed any personal interest in football – not in the past and not now.”