The former European football giant in the 1990's are facing a financial strain. After a huge financial loss, AC Milan badly needs new investment.
Silvio Berlusconi
Breaking News
Italian media tycoon and former prime minister Silvio Berlusconi is still looking for a co-investor in AC Milan to help revive the fortunes of the Serie A soccer club which he has owned for nearly three decades.
Silvio Berlusconi will keep control of his AC Milan soccer club but could sell a minority stake, his holding company said on Saturday, following talks between the former Italian prime minister and Thai businessman Bee Taechaubol.
The five year ban on holding public office for Silvio Berlusconi was upheld but reduced from five years to two years.
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