Taechaubol albert

Silvio Berlusconi has agreed to sell a 48 per cent stake in Italian soccer club AC Milan to Thai businessman Bee Taechaubol.
Nicknamed the “king of clocks and watches”, Yeung started out by following in the footsteps of his father, who opened a small watch boutique in 1942.
“The alleged offer of Bee Taechaubol?

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Silvio Berlusconi has agreed to sell a 48 per cent stake in Italian soccer club AC Milan to Thai businessman Bee Taechaubol.

The preliminary binding agreement, reportedly agreed last weekend at Berlusconi’s residences in Italy, is worth about €480 million (US$527 million) and must be finalised by 30th September.

As part of the deal, Taechaubol, 39, will become a vice president of AC Milan, while Berlusconi, who has owned the Serie A club since 1986, will remain as president. The former Italian prime minister will also continue to control a majority stake in the club through his family’s holding company Fininvest.

Reports suggest Taechaubol, who made his fortune in private equity, will have the right to appoint a third chief executive alongside Adriano Galliani and Barbara Berlusconi.

Taechaubol, who is acquiring the stake through his Thai Prime Fund, posted a photo of himself shaking hands with Berlusconi on Instagram on Sunday. ‘A great honor to complete the AC Mlian Agreement with President Berlusconi, a phenomenal leader,’ read the accompanyin

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Football Leaks: The Dirty Tricks of Doyen Sports

On 20 January 20 2014, football intermediary Nelio Lucas celebrated his 35th birthday in a lavish manner. Close to his offices in central London, in a former 19th-century church in the plush area of Mayfair, Lucas hosted 118 guests in evening dress for a dinner and dance party that lasted into the early hours.

The cost of the evening came to 195,000 Euro, which he settled from his account in Lichtenstein.

The event, to which were invited friends and business partners, was more a demonstration of strength than a birthday celebration.

Present were Real Madrid president Florentino Perez and Miguel Angel Gil, CEO of Atlético de Madrid, who put aside their sporting rivalry to toast Lucas’s good health.

Also attending the event were Milan AC vice-president Adriano Galliani and his daughter, who Lucas’s company Doyen Sports Investments had recently hired, Inter Milan’s sporting director as well as the directors of English club Fulham, Portuguese side Sporting and Spanish club Sevilla, and also the son of the president of Portuguese c

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Representatives from Fininvest and Milan are flying in to Hong Kong for a decisive meeting over the club's sale this Monday.

The negotiation for Bee Taechaubol's purchase of 48 per cent of the club's shares has been proceeding very slowly, but may be coming to the final stages.

Both Il Corriere dello Sport and La Gazzetta dello Sport report today of a meeting set up between Mr Bee and two major representatives of Fininvest, Silvio Berlusconi's holding company.

Representatives from Fininvest and Milan are flying in to Hong Kong for a decisive meeting over the club's sale this Monday.

The negotiation for Bee Taechaubol's purchase of 48 per cent of the club's shares has been proceeding very slowly, but may be coming to the final stages.

Both Il Corriere dello Sport and La Gazzetta dello Sport report today of a meeting set up between Mr Bee and two major representatives of Fininvest, Silvio Berlusconi's holding company.

Alessandro Franzosi, in charge of mergers and acquisitions, and Alberto Carletti, the finance director, will be in Hong Kong for a significant summ