Soccer: End of Berlusconi era (3)

(ANSA) - Milan, April 13 - The 31-year era of Silvio Berlusconi as AC Milan owner came to an end Thursday when Chinese businessman Li Yonghong formally became the owner. In his first statement, Li said "I thank Berlusconi and Fininvest for their confidence, and the fans for their patience, from today we will build the future".
    Berlusconi's holding company Fininvest closed a deal selling 99.93% of the seven-time European champion's shares to Luxembourg-based vehicle Rossoneri Sport Investment Lux, created ad hoc by the Chinese investor. "Fininvest today finalised the sale to Rossoneri Sport Investment Lux of its entire stake, 99.93%, held in AC Milan", a joint statement said.
    "The buyers have confirmed their commitment to make major interventions of recapitalisation and financial and assets reinforcement of AC Milan".
    photo: likely future chairman David Han Li, right-hand man of new owner Li Yonghong