Jump to content

Thai businessman Bee finally gets a minority stake in Italian club AC Milan


Recommended Posts

Posted

AC MILAN
Bee finally gets a minority stake in Italian club Milan

The Nation

BANGKOK: -- Thai businessman Bee Taechaubol has finally reached an agreement to buy a 48 per cent stake in AC Milan, arguably Italy's most glamorous club, after months of negotiations.

Doubts had been cast over the Thai's much-publicised bid to acquire a stake in the Serie A club owned by former Italian prime minister Silvio Berlusconi, as the two parties engaged in negotiations that have lasted since June.

On Sunday, the 39-year-old Bee confirmed about the deal by posting a picture of him shaking hands with Berlusconi, with the contract papers placed in front of the pair on the table.

"A great honour to complete the AC Mlian agreement with president Berlusconi, a phenomenal leader," Bee wrote on Instagram.

A spokesman of Berlusconi's holding company Fininvest told Reuters that the acquisition of the stake would be completed by the end of September. "A deadline of September 30 has been set for the transfer of the stake and payment of the 480 million euros by September 30," said the spokesman, referring to a deal that still left Berlusconi and his holding company as the majority shareholders.

Bee also gave an insight into his plans for the club, which fell from grace after winning the last of their 18 Serie A titles, in 2011, in an interview with Mediaset - a company owned by Berlusconi. "We signed an agreement that allows our investors to start working very soon for the club. We agreed that we want to make Milan grow more around the world.

Source: http://www.nationmultimedia.com/sports/Bee-finally-gets-a-minority-stake-in-Italian-club--30265845.html

nationlogo.jpg
-- The Nation 2015-08-04

Posted

One corrupt crook complimenting another corrupt crook, how nice.

I had a look on the net and didn't see anything to suggest that "Bee" is any more corrupt than another successful businessman!

Can you shed some light on you're comment?

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Recently Browsing   0 members

    • No registered users viewing this page.


  • Topics

  • Latest posts...

    1. 0

      Mike Waltz Warns Hostage-Takers: “Bullet in Your Damn Forehead”

    2. 0

      60 Minutes Special. Inside Mossad's Secret Weapon: The Pager Plot That Shocked Hezbollah

    3. 0

      Trump Calls for Return of Panama Canal Over "Unfair" Transit Rates

    4. 0

      Britain’s Sharia Courts and the Challenge of Religious Freedom

    5. 0

      Concerns Mount Over Chinese Medical Tech in the NHS and Potential Data Harvesting Risks

    6. 0

      Predator given ‘soft touch’ by Scottish justice system went on to commit rape

    7. 0

      Labour Minister Faces Allegations in International Corruption Probe

    8. 0

      Woman Dies After Being Set on Fire in New York Subway

  • Popular in The Pub


×
×
  • Create New...