Goal.com · Aug 2, 2015
Taechaubol announces Milan purchase agreement
Milan president Silvio BerlusconiMilan president Silvio Berlusconi has sold a 48 percent stake in the club to Bee Taechaubol.
Bee Taechaubol has confirmed an agreement has been reached to buy a 48 percent stake in Milan from president Silvio Berlusconi.
The Thai businessman was granted exclusive rights to discuss a deal with Milan's owners in early June and those talks have now reached a successful conclusion, with Berlusconi and his company Fininvest holding the majority share.
"A great honor to complete the AC Milan agreement with president Berlusconi, a phenomenal leader," Taechaubol posted on Instagram with a picture of himself and the Milan president.