Milan sale reports denied

Fininvest, holding company of former Italian Prime Minister Silvio Berlusconi, on Thursday denied media speculation that it was considering selling AC Milan.

Bloomberg reported this week that Berlusconi had hired a company to seek potential buyers for the Serie A club.

Fininvest, who own the Italian football club, issued a statement on AC Milan's official website which read: "Despite the numerous denials, rumours return to circulate regarding a possible sale of Milan.

"Fininvest confirms once again that it (rumour) is just a hypothesis without any foundation."

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