Silvio Berlusconi open to foreign investment in AC Milan

Silvio Berlusconi in November 2011
© PA Photos
Silvio Berlusconi says that he could allow foreign investment in AC Milan but insists that he will always remain part of the club.

AC Milan owner Silvio Berlusconi has revealed that he could be open to foreign investment in his club.

The former Italian prime minister has been in charge of the Serie A outfit since 1986.

"Foreign money in Milan? Only if I'm forced to do so," he told ANSA. "But I want there to be conditions to such a thing. I'd love to keep Milan a family thing.

"I still remember when my father took me to the stadium and I did not have to pay for a ticket because I was so small. Watching football, seeing my heroes, I began to understand what it meant to the people.

"For me, Milan is in my heart. Over the years we've spent more and more money, perhaps too much. But this has allowed Milan to become the most successful team in the world.

"The club is a part of my family. My daughter Barbara is now part of the company, and I'd like to keep it that way. However, this does not mean that I'd instantly dismiss the idea of foreign investment. If the economic crisis continues, things may have to change."

Milan are currently fifth in Serie A with 41 points from 24 matches.

Related Video
Johnstone's Paint Trophy
7.30pm
Crewe Alexandra
vs
Rochdale
7.30pm
Oldham
vs
Bradford
7.45pm
Accrington
vs
Carlisle
7.45pm
AFC Wimbledon
vs
Southend
7.45pm
Barnsley
vs
York City
7.45pm
Cheltenham
vs
Oxford Utd
7.45pm
Crawley
vs
Cambridge
7.45pm
Fleetwood Town
vs
Morecambe
7.45pm
Notts County
vs
Mansfield
7.45pm
Peterborough
vs
Leyton Orient
7.45pm
Preston
vs
Shrewsbury
7.45pm
Scunthorpe
vs
Chesterfield
7.45pm
Stevenage
vs
Gillingham
7.45pm
Wycombe
vs
Coventry
7.45pm
Yeovil
vs
Portsmouth
Tables