Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.


Berlusconi receives Chinese bid for AC Milan - reports

18 April 2016, 17:07

Milan - AC Milan president Silvio Berlusconi received an offer from China to take a majority stake in the seven-time European champions with an agreement not far away, Italian media reported on Friday.

According to sports daily Corriere dello Sport, the proposed deal would be for 70 percent of the club, worth around 400 million euros ($45.1 million).

Also read: ‘Miracle’ Klopp brings belief back to Liverpool

Gazetta dello Sport though reported the deal is worth between 600 and 700 million euros, equivalent to a majority, but did not elaborate further.

The identity of the bidder is not known for certain, but Corriere dello Sport speculated that it could be from either internet entrepeneur Robert Li or He Xiangjian, who made his fortune in producing air conditioning.

Both men are among the 10 richest in China, according to the 2015 Forbes rich list.

After finishing ninth and eighth in the last two seasons in Serie A, Milan are struggling again this season and sit sixth in the table, meaning that they will again miss out on the Champions League.

Cristian Brocchi took over from the sacked Sinisa Mihajlovic as manager earlier this week.



Read more from our Users

Submitted by
Wilson Ochieng
DP Ruto accuses Raila of selling ...

DP Wiliam Ruto has castigated Raila Odinga for seeking western support to fund his 2017 election bid. Read more...

Submitted by
William Korir
Peter Kenneth announces Uhuru 201...

Peter Kenneth has announced that he will support President Uhuru Kenyatta in the 2017 elections. Read more...

Submitted by
Wilon Ochieng
Labour Party to dump both Jubilee...

The Labour Party of Kenya is likely to avoid supportoing both the CORD and Jubilee factions during the 2017 General Elections. Read more...

Submitted by
William Korir
Ukambani MP quits Jubilee, to run...

An Ukambani MP has quit the Jubilee Party, citing voter apathy as his reason behind leaving the ruling coalition. Read more...

Submitted by
Victor Tinto
Government launches probe into Po...

The government has launched an inquiry into the circumstances that could have led to two National Police Service helicopter accidents in August and September this year. Read more...

Submitted by
Wilwon Ochieng
Deputy Governor's ally found with...

The EACC has recovered KES 2 million in fake currency from a close ally of Deputy Governor for Tharaka Nithi Eliud Mati. Read more...