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The AC Milan Offside

Rossoneri Round Up for Nov 16: Rumours Resurface Of Possible Milan Takeover By Bernard Arnault of LVMH

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Sempre Milan are reporting that the rumours of a takeover by the French Arnault family. The family that owns the LVMH group is pushing for the acquisition of AC Milan from the Elliot Fund. The family shut down rumours before but they keep resurfacing amongst financial news outlets.

The report suggested Milan is valued at around €975 million and that negotiations have been underway for some time.

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Source: acmilan.theoffside.com

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