Italy's Berlusconi agrees AC Milan stake sale by end Sept


AC Milan's president and former Italian Prime Minister Silvio Berlusconi arrives before the match against Fiorentina at San Siro stadium in Milan, October 26, 2014. REUTERS/Stefano Rellandini/Files

MILAN (Reuters) - Italy's former prime minister Silvio Berlusconi has signed a pre-sale agreement to sell 48 percent of his AC Milan football club to a group led by Thai businessman Bee Taechaubol by the end of September, a spokesman for holding company Fininvest said on Sunday.

"A deadline of September 30 has been set for transfer of the stake and payment of the 480 million euros by September 30," the Fininvest spokesman told Reuters.

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