"Milan" club that filed for bankruptcy will be sold to a wealthy man from Thailand

"Milan" club owner Silvio Berlusconi has decided to get rid of his long-cherished project. It is reported that the scandalous Italian has reached an agreement with Thai businessman Bee Taechaubol regarding the sale of the team. In February, the Asian presented an attractive offer to "Serie A" representatives and intensive negotiations have been ongoing since. Taechaubol will pay 195 million euros for 20 percent of the team's shares, and later will increase their quantity to 65 percent. The value of the "Milan" club is 975 million euros, with team debts amounting to 250 million euros. It has been agreed that the sports director of the red-and-black team, Adriano Galliani, will remain in his post for the next 12 months and will be responsible for player transfer affairs. The decision regarding the head coach Filippo Inzaghi will be made by the new owner. Another leader, Barbara Berlusconi, will play a significant role in building a new football arena and developing other business projects. Taechaubol becomes the second Asian businessman to enter "Serie A". Some time ago, billionaire Erick Thohir took over the reins of the "Inter" club.