According to Tuttosport, it's a done deal : Berlusconi accepted the 700M offer for Milan. They will have 70% of the shares right now and 30% next year.
Probably just a rumour. Behind all that, it is said it's the second richest man in China, the owner of Alibaba (don't know that firm, looks like a Chinese Amazon ?).
That can be great news if it's true.
Let's hope it's truth and wait for confirmation from BungaBerlu and to start celebrate after that.
If Jack Ma (Alibaba) buys Milan it will be a great great news. Beside all the money in the world that he has, he is a very smart businessman. That counts for a lot in my books. To me this is a done deal, its different to negotiate with Mr. Bee, a broker who went from businessman to a businessman to ask for money, much different with someone who`s worth is 5 times what Berlu is worth.
If he buy milan. I think we can go back to winning ways in 2-3 years. I'm just hoping they didn't do stuff like psg or city.
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Il Sole24ore: Berlusconi still hasn't given the go-ahead for the due diligence. Jack Ma and AliBaba are not involved
I think on Milannews they've said Finninvest denies the rumours.
Despite the apparent denial many places are still running stories, I would like to think we are closer than ever but what do I know.