Football
Ben Gladwell, Italy correspondent 9y

Bee Taechaubol confirms AC Milan interest but says no agreement signed

Thai investor Bee Taechaubol has confirmed he would be interested in buying AC Milan after the Serie A club's majority shareholders denied reports that he had made a bid.

In the statement, Fininvest -- part of former Italian prime minister Silvio Berlusconi's portfolio of companies -- said it was not in negotiations with Taechaubol and stressed the club was not for sale.

It came after the Bangkok Post published an interview in which Taechaubol claimed he had made a one billion-euro bid for the Rossoneri -- a quote the investor later denied having given.

Business Insider quoted him as saying: "I want to clarify some wrong or misleading information.

"I do not deny the interest in a possible share acquisition into such a prestigious club such as AC Milan, but at the moment it's only cordial and private discussions with representatives from the AC Milan group.

"No decision on both parts has been taken, nor has any agreement been signed."

Milan have been under the ownership of Berlusconi since 1986 and have won eight Serie A titles since then, also winning the Champions League.

However, they missed out on a place in Europe this season for the first time in 16 years and are currently seven points off the pace in the chase to secure one for next season.

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