Berlusconi made huge Milan profit
Silvio Berlusconi’s holding company Fininvest turned €120m losses into a profit of €687m by selling Milan. The patron had held on to the club for 31 years, taking it from…
Silvio Berlusconi’s holding company Fininvest turned €120m losses into a profit of €687m by selling Milan. The patron had held on to the club for 31 years, taking it from…
Pier Silvio Berlusconi, son of former Milan owner Silvio, insists his family aren’t to blame for the club’s current situation. The Rossoneri look set to be banned from Europe for…
Former Milan CEO Adriano Galliani has resigned as President of Silvio Berlusconi’s television station to run for the Senate in his Forza Italia party. Galliani has been working closely with…
The authorities have formally denied reports that Silvio Berlusconi is under investigation for money-laundering in Milan’s sale to Yonghong Li. The reports emerged in both La Stampa and Il Secolo…
According to La Stampa and Secolo XIX newspapers, Silvio Berlusconi is under investigation for money-laundering in the Milan sale to Yonghong Li. The negotiations dragged on for months before the…
Marina Berlusconi admits the sale of Milan was “a defeat for everyone” but it had “a positive impact on our accounts”. The Rossoneri were finally sold to a Chinese group…
New Milan owner Yonghong Li revealed a 'great responsibility' in living up to fan's expectations of 'returning to the top in Europe'. The Chinese investor spoke to the Press at…
Italy’s biggest financial paper claims new Milan owner Yonghong Li and US hedge fund Elliott will have to work out interest repayments. Today the long-awaited closing finally happened, as Silvio…
Silvio Berlusconi bids an emotional farewell to Milan as the club needs “investment and resources a single family can no longer support”. It was officially confirmed today that the now…
It was officially confirmed today that Milan have finally been sold to Yonghong Li and his Rossoneri Sport Investment consortium. Silvio Berlusconi has sold the club after 31 years at…
New Milan owner Yonghong Li thanks Silvio Berlusconi after completing the takeover and promises “we’ll lead this legendary team back to the top”. Rossoneri Sport Investment Lux finally completed their…
The takeover of Milan has officially been completed, with Silvio Berlusconi selling the club after 31 years. A consortium led by Chinese businessman Yonghong Li has been attempting to buy…
The takeover of Milan by a Chinese group is expected to finally be completed today. Silvio Berlusconi has been trying to sell the club for some time, but the takeover…
It’s reported Han Li of Rossoneri Sport Luxembourg met Fininvest today, ahead of their takeover of Milan on Thursday. A consortium led by Yonghong Li appears to finally be on…
Milan President Silvio Berlusconi confirms the sale of the club is still set for “April 13, 14”. After a series of delays, it appears the Rossoneri are finally to be…
Reports suggest the sale of Milan could be moved forward a day, to Thursday April 13. After a series of delays, Li Yonghong’s takeover of the Rossoneri appears to finally…
Reports in the USA say an American hedge fund is providing €253m of the money needed to buy Milan. Silvio Berlusconi had agreed to sell the club to Chinese consortium…
Documents have reportedly been passed to the Bank of Italy to verify the origin of the funds being used in the takeover of Milan. Two deposits of €100m have already…
The Milan “funding is complete” and the takeover closing is set for April 14, confirmed a statement from Silvio Berlusconi’s Fininvest company. Yonghong Li shut down Sino-Europe Sports today and…
An investigation into the takeover of Milan alleges multiple investors have abandoned Sino-Europe Sports. The Chinese group is in the process of buying the Rossoneri from Silvio Berlusconi and his…