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Silvio Berlusconi Sells AC Milan to Sino-Europe: Chinese TV

Feb 19, 2017 01:18 AM EST

Chinese state broadcaster CCTV5 has allegedly confirmed the sale of the 99.93 percent stake of AC Milan to a Chinese group.

Chinese Investors Buy Major Stake in AC Milan

Iesha javed |

Aug 09, 2016 08:39 AM EDT

A consortium of Chinese investors will pay $819 million to buy Italian A.C. Milan soccer team. The consortium plans to buy 99.93 percent of AC Milan's shares, putting an end to Silvo Berlusconi's 30-year-long ownership of the Italian club.

GSR Capital's Sonny Wu Leads AC Milan Takeover: Reports

Charissa Echavez |

Jul 21, 2016 11:50 AM EDT

GSR Capital owner Sonny Wu is reportedly in advanced talks to acquire Italian soccer club AC Milan from Silvio Berlusconi's Fininvest SpA, according to sources familiar with the matter.

Italian Club AC Milan to be Acquired by Chinese Consortium

Girish Shetti |

May 28, 2016 05:56 PM EDT

A leading Chinese consortium has agreed to acquire a 70 percent stake in Italian football club, AC Milan. Speculations have been already rife for over a month that a Chinese consortium is closing in on a takeover of AC Milan, which is owned by former Italian Prime Minister Silvio Berlusconi.

Italian company Fininvest is in exclusive talks with Chinese investors over AC Milan buyout.

Fininvest, Chinese Investors in Exclusive Negotiations over AC Milan Sale

Charissa Echavez |

May 11, 2016 11:10 AM EDT

Berlusconi's family holding company Fininvest revealed on Tuesday that is in exclusive talks with a consortium of Chinese investors over the acquisition of Italian Serie A soccer club AC Milan.

Alibaba founder Jack Ma stirred counterfeit product controversy by stating that Chinese-manufactured counterfeit goods are now even better than the genuine products.

Alibaba's Jack Ma Laughs off AC Milan Takeover Rumors

Charissa Echavez |

Apr 29, 2016 01:24 PM EDT

Alibaba founder Jack Ma has laughed off reports that he is planning to acquire the Italian football club, AC Milan.

Jack Ma is Bidding for Italian Football Club AC Milan: Report

Girish Shetti |

Apr 28, 2016 10:07 AM EDT

China's richest man and founder of e-commerce giant Alibaba Jack Ma is closing in on a takeover of Italian football giant AC Milan, according to newspapers in Italy.

Former Italian PM Silvio Berlusconi Dodges Seven Years in Jail over "Ruby" Case

Erika Villanueva |

Jul 19, 2014 01:12 PM EDT

Former Italian Prime Minister Silvio Berlusconi prevails in a Milan appeals court on Friday which overturned his guilty verdict over paying for sex with an under-aged prostitute.