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AC Milan release statement over Bee Taechaubol confusion

AC Milan insist the share sale to Bee Taechaubol is on track.

Milan released a statement yesterday over the confusion:

“In the meeting today to whittle down the last technical aspects of the operation, Mr Bee Taechaubol illustrated to President Silvio Berlusconi the action taken to follow up the preliminary sale agreed on August 1, which has Mr Taechaubol buying a minority stake of AC Milan of 48 per cent for €480m.

“During the meeting, Mr Taechaubol confirmed the notable interest that Asian countries have for Milan and its brand, having spoken to numerous financial and commercial operatives.

“The consultants are currently working to define the final details with the objective of completing the agreement over the next few days."

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