Italy's Berlusconi warming to Chinese bid for AC Milan - source


  • Football
  • Saturday, 07 May 2016

The AC Milan logo is pictured on a pennant in a soccer store downtown Milan April 29, 2015. REUTERS/Stefano Rellandini

MILAN (Reuters) - Former Italian prime minister Silvio Berlusconi's family company is likely to open exclusive talks next week with a group of Chinese investors interested in buying AC Milan football club, one of his most cherished assets, a source said on Saturday.

The tycoon is under pressure to finally relax his grip on the club he calls "my Milan", which has failed to win any major silverware in the past five years and is now in the red.

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