Official: Milan sells 48 percent of its shares



Fininvest company, owner of AC Milan on Sunday announced the sale of 48 percent of the shares of the club to the Thai business man my Taizhopoul after a series of meetings in Milan and Sardinia in the past few days.
According to the agreement Silvio Berlusconi will remain president of the club for keeping a majority stake, and the value of the deal amounted to 480 million euros, will be the formation of the Board of Directors of seven employees Berlusconi will represent 2 and 5 members will represent my Taizhopoul.

Through my Taizhopoul pleased to reach an agreement, saying in a statement to the Italian media: "It is a great honor, Schahdonna much in the coming period with Mr Berlusconi at the San Siro as a fan of Milan, our ambition to help the club return to its place of natural .."

Some of the report indicate that he will be adding a third with an executive director Adriano Galliani and Berlusconi Barbara.