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Post by QPR Report on Sept 4, 2009 11:26:49 GMT
Football Italia - Gaddafi in Milan takeover? Friday 4 September, 2009 As calls for his exit continue to mount, Silvio Berlusconi is reportedly ready to sell Milan to Libyan leader Colonel Muammar Gaddafi. It would not be the first time that Gaddafi has invested in Italian football, as his son Al-Saadi played for Perugia and held a minority shareholder’s stake in Juventus. It’s believed the club would be available for around £400m, so an outright takeover would be tricky and also potentially damaging. For that reason, the reports in La Repubblica suggest Gaddafi would at first invest in the side and then slowly buy up more and more stock. President Berlusconi is the subject of numerous protests from fans about the transfer policy and future of the club following the 4-0 defeat to Inter. As Italian Prime Minister as well as a media and business magnate, Berlusconi has had fewer funds to contribute to the football side of his empire, which culminated in Kaka’s £56m sale to Real Madrid. Supporters are eager for new investors and it’s reported in La Repubblica today that man could well be Colonel Gaddafi. Already in the news for the controversial celebrations that greeted freed Lockerbie bomber Abdelbaset al-Megrahi, this week Gaddafi held his own festival that saw only Berlusconi attend among the major western political leaders. www.football-italia.net/sep4h.html
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