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SERIE A

Silvio Berlusconi: 29 titles in 31 years

Berlusconi led AC Milan to the summit of European football, although he was also criticized for his outspoken manner and financial dealings.

Nápoles (Italia)
Silvio Berlusconi: 29 titles in 31 years

Silvio Berlusconi has left a huge legacy on the world of ‘calcio’ and specifically with AC Milan. As president of the Serie A giants he was a character loved and hated in equal parts. He took over as president of the the Rossonero team from 1986 to 2017 and in that time secured five Champions League wins. He took a Milan side in crisis -and after a spell in Serie B- and made him one of the best in the world promoting a team famous for “attaccare!” stating, “I wanted a Milan that was always offensive and spectacular”.

He is the longest-serving president in the club’s history after he stood aside in 2004 he after the approval of a law that regulates conflicts of interest. He returned later for a further two year spell (2006-2008) and after after becoming Italian prime minister, he was made honorary Milan president from 2012 to 2017. In July 2017, after 31 years of linked with the Serie A side, he sold the club to Chinese-led consortium Rossoneri Sport Investment Lux after protracted negotiations.

Berlusconi oversaw the most successful spell in the club’s history winning 26 (29 if one considers the period in which he was no longer president but retained ownership of the club.)

Goodbye to Milan

On April 13, 2017, the Berlusconi era officially came to an end at Milan. The statement from Fininvest and Rossoneri Sport Investment Lux, a Luxembourg registered company created by Chinese investor Li Yonghong, confirmed the transfer of 99.93% of the club’s share capital.

Berlusconi with the European Cup in 1989-90.
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Berlusconi with the European Cup in 1989-90.Alessandro SabattiniGetty Images

The Serie A club cost the Chinese group 740 million euros, including 220 million of debts. In addition, Fininvest (Berlusconi’s holding company) received 90 million euros as reimbursement for bank transfers executed in favor of Milan.