milan planning to sell up shares

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Post by maruf063 Wed Jul 20, 2011 8:32 am

there are rumors that Milan are planning to sell up 30% of its shares and are also planning to put the company on Hongkong stock exchange...do you know anything about that?

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Post by BiasedMilanFan3 Wed Jul 20, 2011 8:47 am

I doubt this
Berlusconi (and his family) want to have complete control over Milan for years to come
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Post by Milantildeath Wed Jul 20, 2011 9:07 am

Rumors will be rumors, they say this every season, and the result is always the same
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Post by BiasedMilanFan3 Wed Jul 20, 2011 10:33 am

Milantildeath wrote:Rumors will be rumors, they say this every season, and the result is always the same

True,
The amount of times we have heard reports of Berlusconi selling shares to Arabs, oil tycoons, Russian billionaires or selling a percentage to some other man made of gold...
Its in the triple digits now.
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Post by dostoevsky Wed Jul 20, 2011 12:56 pm

FININVEST: MILAN SALE A FANCIFUL HYPOTHESES WITHOUT BASIS
MILAN - Following claims in the press to changes in ownership of Milan, a spokesman for Finnivest, when asked about such claims categorically reiterated that it was "a fanciful hypotheses and totally baseless scenario." The Berlusconi family's financial stake excludes short sale of shares of Milan, and that it was more of a scenario of a financial nature, which suggest a demerger of the company with a view to listing the Rossoneri on the Stock Exchange in Hong Kong. (ANSA)
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Post by M99 Wed Jul 20, 2011 5:29 pm

The holding company of AC Milan, Fininvest, have denied that they are considering the possibility of relinquishing shares in the football club in order to raise funds.

Earlier on Wednesday, reports emerged that the Serie A giants could potentially be hit with a heavy financial restraint after owner Silvio Berlusconi was given a nine-digit fine after losing a long-winded court battle in the Lodo Mondadori saga.

However, the idea of selling part of the club to an Arabic consortium, or floating it on the Hong Kong Stock Exchange has been ruled out, in a statement released to ANSA.

"We can categorically confirm that these fanciful hypotheses and scenarios [of selling the club] are totally unfounded," Fininvest told the news agency.

Milan were crowned Serie A champions last season, for the first time in seven years.
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