Thursday 13 April 2017
Silvio Berlusconi Sells AC Milan To Chinese Investors
Chinese Investors Rossoneri Lux Investment Lux have completed the takeover of Italian Club AC Milan, promising 'significant capital increases'.
Former Italy Prime Minister has been the owner of AC Milan since 1986 and they won 8 league titles and 5 European cups in that period.
However Milan's last title came in 2011 and they have not been in the UEFA Champions League since 2010 and have finished 7th, 10th and 8th in the past three seasons.
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