Silvio Berlusconi Signs Deal To Sell Full AC Milan Stake To Chinese Investors

                   




 Silvio Berlusconi has signed a deal to sell his full majority stake in Italian club AC Milan to Chinese investors.Berlusconi’s Fininvest investment arm said Friday that the deal with a Chinese investment group values the club at 740 million euros (around $820 million) and requires the investors to spend 350 million euros over three years on improvements.
Berlusconi owns 99.93 percent of the club, which has been European champion seven times.