AC Milan Vice-president Adriano Galliani Plays Down Club Stake Sale

Friday, 19th October, 2012

AC Milan vice-president Adriano Galliani has played down speculation that the Rossoneri could be set to sell a stake in the club to outside investors.

It had been suggested that club owner Silvio Berlusconi was willing to put a 30% shareholding up for sale, with the aim of raising €250M to invest in the side.

relatedNewsStoryCurrently, these are tough financial times at Milan and the idea of investment was widely accepted, but Galliani has put a dampener on it by admitting that at present nothing is happening.

"It is 100% clear that no investor, Arabic or Russia, is at present involved with Milan", he told Gazzetta dello Sport.

However, Galliani did not completely close the door, musing out loud "if the opportunity arose, we’d reflect on it."

Milan have had a troubled start to the season, having lost a number of key players and veteran performers over the summer.

The Rossoneri currently sit 11th in Serie A, having collected just seven points from seven games.

And to compound the sense of disappointment, Milan lost 1-0 to bitter rivals Inter before the international break.