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.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!