The son of Bernard Arnault has denied rumours that an agreement has been reached between the Louis Vuitton group and Elliott Management over the purchase of AC Milan.
Journalist Luca Serafini reported on Sunday night that an agreement has been reached between Elliott and the LVMH over the sale of the Rossoneri.
He added that the deal will be ratified once there is approval on the new stadium project, which lined up with recent reports from La Repubblica which stated that Arnault has tabled a €975m bid to buy Milan.
Source: Sempremilan.com
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