AC Milan have been sold to Chinese investors Rossoneri Sport Investment Lux.
The seven-time European champions have been owned by former three-time Italy prime minister Silvio Berlusconi since 1986.
A joint statement by AC Milan’s holding company Fininvest and Rossoneri Sport Investment Lux said: “Today Fininvest has completed the sale of the entire stake owned in AC Milan – equal to 99.93% – to Rossoneri Sport Investment Lux.”
Source – BBC
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