S.Berlusconi does not intend to sell troubled "Milan" financially.

Former Italian Prime Minister and current "Milan" president Silvio Berlusconi refuses to sell the financially troubled Milan city club.

Reports appeared yesterday in the Italian press that the 78-year-old entrepreneur may sell "Milan". The "Rossoneri" team is not going through the best times lately, but the club president does not intend to step down from his position.

"Despite the fact that information about the sale of the club has already been denied, there is still talk about intentions to do so.

"Milan" president once again reiterates that the information about intentions to sell the club is incorrect," - announced in the Italian news show "ANSA".