Milan Sign €60 Million Sponsorship Deal, Could Prompt Silvio Berlusconi To Sell Club - Report

Milan have struck a deal with Fly Emirates, leading to talk of an Arab takeover...
Milan have signed a €60 million sponsorship deal with Sheik Ahmed bin Sae­ed Al Maktoum, head of airline company Fly Emirates, fuelling speculation it could pave the way for him to launch a lucrative takeover.

Il Corriere Dello Sport reports Al Maktoum has agreed to pay the club €15m per year until 2014 to become their main sponsor, plus bonuses related to success in the Champions League.

The move has led to speculative reports suggesting Al Maktoum will use this as a way of increasing his investment further by buying a stake in the club. Last summer Il Sole 24 Ore claimed he was ready to buy 40 per cent of Milan's shares from Silvio Berlusconi's holding company Fininvest.

Those rumours were denied by Milan, but that hasn't stopped talk of a takeover. As for the sponsorship money, the €15m received for 2010 will go towards the summer transfer market, in which the Rossoneri are likely to swoop for Edin Dzeko of Wolfsburg.