Showing posts with label liability. Show all posts
Showing posts with label liability. Show all posts

Wednesday, 26 March 2014

Berlusconi: AC Milan makes me lose 50 million a year

Wednesday, 25 March 2014. During a meeting with MPs from the Italian region of the Marches, Silvio Berlusconi stated that maintaining the football team has a cost of 50m euro a year (£42m or $69m), which is a bit annoying, given the results.

During a gathering at Villa Grazioli, his residence in Rome, Silvio Berlusconi couldn't help talking about the AC Milan, at least with the supporters of the rossoneri among a selection of members of parliament representing his party Forza Italia.

Silvio Berlusconi, Carlo Ancelotti and Maldini
When AC Milan was successful: Berlusconi with coach Ancelotti and captain Maldini
Photograph: New Press/Getty
Apparently one of the milanisti said “Mr President, you should do something, I am so sorrow that such an important team is in such a situation” hinting at the fact that the club is virtually out of all competitions and AC Milan seem to be free-falling.