Business | The Berlusconis’ shrinking empire

Things fall apart

Diminished politically, the Berlusconi dynasty is also losing corporate heft

|MILAN

NOT much goes Silvio Berlusconi’s way these days. The billionaire ex-crooner and ex-prime minister has spent two years trying to sell AC Milan, a football club he bought in 1986. But its players have struggled, finishing seventh in Italy’s league last season, and business has slumped. A shadow of its old self, the club last year lost €89m ($99m). Its slide has matched the dwindling fortunes of its owner.

This article appeared in the Business section of the print edition under the headline “Things fall apart”

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