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Thai group plot €1 BILLION takeover of AC Milan

A Thailand-based consortium have reportedly made a €1 BILLION offer for AC Milan.La Repubblica says the Thais already have an agreement in principle to take a 30 per cent stake in Milan for €300 million.

The deal includes options to continue selling shares to the Thais with the eventual takeover being worth in the region of €1bn, not including investment in the new stadium.

Chinese group Dalian Wanda have also been eyeing off Milan after buying into Atletico Madrid this year.

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