AC Milan

Thai businessman Bee Taechaubol has revealed that he expects to wrap up a deal in the next two months to acquire a 48-per-cent stake in Italian Serie A football club AC Milan.

Thai businessman Bee Taechaubol has said he is confident that a deal for his investment group Thai Prime to acquire a significant stake in AC Milan will be completed soon as Fininvest, the holding company for Silvio Berlusconi’s business interests, maintained the former Italian Prime Minister will maintain control of the ailing Serie A football club.

AC Milan has reported losses of €91.3m ($98.2m) in 2014 as takeover speculation continues to swirl around the embattled Italian Serie A football club.

Thai businessman Bee Taechaubol has stated that he is close to finalising a deal to acquire a majority stake in Serie A football club AC Milan, claiming he will travel to the Italian city this week to complete the transaction.

A consortium of major Chinese companies is set to join forces with a crowdfunding initiative in a bid to acquire ailing Italian Serie A football club AC Milan, according to Chinese state news agency Xinhua.

Chinese billionaire Zong Qinghou has rejected reports that he is planning a bid for AC Milan, amid the latest round of speculation surrounding the struggling Italian Serie A football club.

Thai businessman Bee Taechaubol has confirmed he has held talks with AC Milan about possible investment in the Serie A football club, but has denied suggestions of a formal takeover offer for the Italian giant.

Fininvest, the holding company of AC Milan owner Silvio Berlusconi, has denied reports that a deal has been struck to sell a substantial stake in the Serie A football club to a Thai consortium, with a view to the group securing outright ownership of the team.

AC Milan is reportedly close to securing a site to develop a new 42,000-seat stadium, while fellow Serie A football club Parma has announced it has secured a new owner.

Real Madrid vice-president Pedro López Jiménez said football's world governing body FIFA was "dysfunctional" in communicating with European football club consortium the ECA, speaking today on a panel a…

Kevin Roberts spoke to Deloitte's Dan Jones and AC Milan director Umberto Gandini about commercial challenges and opportunities in a European football landscape where the gap between rich and poor grows greater and greater.

AC Milan has moved to deny the latest takeover speculation surrounding the club, rejecting reports that Singapore-based businessman Peter Lim has made a €500m ($690m) bid for the Serie A football team.

AC Milan owner Silvio Berlusconi has maintained that he has no intention of selling the Italian Serie A football giant, amid renewed speculation regarding its long-term future.

Silvio Berlusconi’s Milan-based holding company, Fininvest, has again moved to deny reports that Serie A football giant AC Milan is up for sale.