After months of speculation and widespread rumours, it seems like AC Milan have finally reached an agreement with Thai investor Bee Taechaubol for a 48 percent stake in the Serie A club. The club president Silvio Berlusconi has confirmed the news, and the contract papers will be signed just after his 79th birthday at the end of the month.
Taechaubol has signed a memorandum of understanding on one of his many visits to Milan in January.
Berlusconi has been in talks with potential investors for nearly a year, but he is against selling the majority stake in his club.