U.S. billionaire's offer for Italy's AC Milan values club at 500 million euros - sources


FILE PHOTO: Yonghong Li shows a AC Milan jersey during a news conference in Milan, Italy, April 14, 2017. REUTERS/Alessandro Garofalo/File Photo

MILAN (Reuters) - An offer from U.S. television billionaire Rocco Commisso for a majority stake in Italy's AC Milan would give the soccer club a total value of around 500 million euros (£442.4 million), including debt, sources close to the deal said on Thursday.

AC Milan's owner, businessman Li Yonghong, bought the so-called Rossoneri from former Italian prime minister Silvio Berlusconi last year in a 740 million euro deal, including 190 million euros in debt.

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