Milan will be sold again

Milan will be sold again

Milan's team will probably sell again. This time, as the Italian media reports, Milan will be made of new property and will be Bernard Arnault, owner of LVMH. According to La Republica, negotiations between Elliot and the other side have already begun. The basic figure of the agreement has fallen from [...]

This time, as the Italian media reports, Milan will be made of new property and will be Bernard Arnault, owner of LVMH.

According to La Republica, negotiations between Elliot and the other side have already begun.

The basic figure of the deal has dropped from 1.2B to $960m.

Among the advisers would be a major London-based investment bank.

The operation could be closed by the end of 2019.

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