Silvio Berlusconi Sells Ac Milan(Former Italian prime minister )

The takeover of Milan has officially been completed, with Silvio Berlusconi selling the club after 31 years.
Former Italian Prime Minister Silvio Berlusconi has sold Ac Milan Club after 31 years.A consortium led by Chinese businessman Yonghong Li has been attempting to buy the Ac Milan Club for some time, but the deal was hit by a series of delays.
However, after Sino-Europe Sports became Rossoneri(Ac Milan) Sport Luxembourg and received investment from an American hedge fund, a meeting was held this morning to ratify the sale.
“Fininvest had today finalised the sale to Rossoneri Sport Investment Lux of the entire stake, amounting to 99.93 per cent, in AC Milan”, an official joint-statement confirms.
"Today's finalisation gives full effect to the takeover agreement signed by the managing director of Fininvest, Danilo Pellegrino, and David Han Li, the representative of Rossoneri Sport Investment Lux on August 15, 2016 and renewed on March 24 of this year.
"The details of the agreement are those announced and provide an overall valuation of AC Milan at €740m, consisting of a debt burden evauated on June 30, 2016, as per the agreements between the parties, of around €220m.
"That amound has been collected by Fininvest, along with €90m as reimbursment of capital contributions made by Fininvest in favour of Milan from July 1, 2016 to today.
"The buyers have confirmed their commitment to make important recapitalisation investments to the balance sheet and the financial strengthening of AC Milan.
"Tomorrow, Friday April 14, the general shareholders' meeting of AC Milan shareholders will, among other things, vote on the appointment of the new corporate bodies of the company.
However, Berlusconi said “I do so with pain and emotion, but with the knowledge that in the modern game, to compete at the highest European and world levels takes investment and resources a single family can no longer support.

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Igbo Arsenal Fan Upset With Arsenal After Efe Bbnaija Win(pics,videos) - Sports

An igbo arsenal fan named kelechi was seen to be upset with arsenal after a 3-nil loss to crystal place.
he then metioned that in nigeria yesterday his brother won bbnaija and he was very elated only for arsenal to mess up the next day.
and he has been spending so mush money on ticket to arsenal games without them delivering results

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Arsene Wenger Reveals Hidden Truth About Luis Suarez Failed Arsenal Transfer

Arsene Wenger has revealed that Luis Suarez almost joined Arsenal in 2013, barring a misinformation about his release clause.

The former Reds striker was in an electric form at Anfield but started employing several antics sparking transfer speculation over his future at the club.

The Gunners also tried to sign Luis Suarez in a rather weird attempt tabling a £40,000,001 for him, which was rejected by Liverpool, despite the North Londoners meeting his reported £40m release clause.

However, the 30-year-old joined Barcelona in 2014 for reported £75m fee and became a fan favourite at the Camp Nou due to his impressive performances alongside Lionel Messi and Brazilian star Neymar Jr.

Arsene Wenger has now come out to lift the lid on the failed attempt to lure Suarez to the Emirates in 2013, he told beIN Sports: ‘He was very close (to signing for Arsenal),

‘We had an agreement with the player. We had been wrongly advised that he had a clause, with a minimal clause, but we had an agreement with the player. You can ask him

‘I’m convinced he wanted to join us and then they sold him. They kept him one more year, improved his contract and promised to sell him the year later to a club abroad.’

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Search FIFA U-20 Women's World Cup: Nigeria Vs Canada 3 - 1 (Full Time)

FIFA U-20 Women's World Cup:

Papua New Guinea 2016


Nigeria Vs Canada

Wed.16 Nov 2016 

Venue: Bava ParkPort Moresby (PNG)

time: 19:00 Local time (10.00am West African Time)










U-20 Women’s W/Cup: Dedevbo Tips Falconets To Bounce Back


Falconets Coach, Peter Dedevbo, is confident that his girls will bounce back from their shambolic 6-0 defeat to Japan, to pick maximum points from the remaining two matches in the ongoing FIFA U-20 Women's World Cup in Papua New Guinea, reports Completesportsnigeria.com.


The Delta Queens gaffer charges the players to put behind them the horrific display in their first game and focus on the challenge Canada and Spain will offer.

"We are down but not out, and this is the time for us to fight till the end of the competition. It would be fool–hardy for us to start feeling sorry for ourselves because it will affect our focus for the remaining games in the tournament," Dedevbo states.


"I must acknowledge the fact that the Japanese side was good, even though I didn't envisage the goal margin. The outcome means that we will return to the trenches and re-strategize."

Meanwhile, Falconets defender, Glory Ogbonna, is confident that the the team will fight on and revive their FIFA U-20 Women's World Cup trophy hopes, as well as redeem Nigeria's image in Papua New Guinea.

"Collectively, as a team, we have accepted the fact that we started badly against Japan, but it doesn't mean that we have given up because all hope is not lost," she says.

"I believe that the reason for Sunday's defeat was a clarion call for us as a team to wake up to the harsh realities on ground. If we had won or drawn that game, apparently, the whole team would feel that we have arrived.


"Canada is a must-win for us and it is not negotiable. We have learnt our lessons in a bitter and humiliating way. I want to promise all Nigerians that we must redeem our image and march on in this tournament.”

Nigeria will face Canada in their second Group B match on Wednesday at the Bava Park Stadium in Port Moresby. Both countries are at the bottom of the table with no point.

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