Directors Louis Vuitton Denies Want to Buy AC Milan

Well-known fashion company Louis Vuitton has denied rumors suggesting that they will buy a majority stake in Italian Serie A club AC Milan. The rejection was conveyed by Louis Vuitton's high ranking.

"The Milan club has an extraordinary history, but we have never communicated with anyone at the club. We are not interested in investing or owning a club," Antoine Arnault Louis Vuitton directors was quoted as saying by Italian football Football5star.com Saturday (9/29/2016) .

Specifically Arnault also said that the media Repubblica some time ago the rumor was just a word breathing trick. He also asked the public not to trust the news.

"We do not know where these rumors came from. However, we can confirm that the rumors were just a hoax," Arnault said.

There was some busy time reporting that Louis Vuitton boss Bernard Arnault wanted to take over AC Milan and Elliot Management. This has prepared huge funds to become the club's final owner.

Funds in the amount of 890 million books are ready to be launched to take over the club's seventh defending champions. Bernard Arnault's interests may be new hope for Milan who want to return to the club is very feared in Europe.

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