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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

AC Milan denies Qatar SWF investment report

Posted on 15 October 2012

AC Milan has said there are no plans to sell a stake in the top Italian football club to the Qatar sovereign wealth fund or other investors. Italy’s leading sports newspaper Gazzetta dello Sport said on Friday that Silvio Berlusconi was considering selling a 30 percent stake for 250 million euros to reinvigorate his team.
The report said talks with Qatar have become more frequent. “There is no truth in it,” Milan vice-chairman Adriano Galliani was reported as saying in the article………………………………………..Full Article: Source


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