"I'm leaving today, after more than 30 years, the title and job of Milan president," Silvio Berlusconi said after the sale of Serie A giants AC Milan to a Chinese-led consortium was finalized for €740m (£627m). "I will always be the first fan of Milan, Berlusconi added. The consortium takes a 99.9% stake in the club. The investors also agreed to spend €350m (£297m) over three years on improvements.
- Written by Robert Woodward
- Category: Soccer