Louis Vuitton has denied reports that its owner is looking to acquire AC Milan for € ##500 ( $ 1.1bn ) . Italian news outlet # ##TV had reported that Bernard Arnault was interested in buying the club from Apollo Management . French billionaire Bernard Arnault had been linked with move for Serie A soccer club. The Apollo hedge fund has already rejected offers for the club of between £ ##500 m ( $ 500 m ) and £ 700 m , according to the Daily Mail .
Louis Vuitton has denied reports that its owner is looking to acquire AC Milan for € ##500 ( $ 1.1bn ) . Italian news outlet # ##TV had reported that Bernard Arnault was interested in buying the club from Apollo Management . The Apollo hedge fund has already rejected offers for the club of between £ ##500 m ( $ 500 m ) and £ 700 m , according to the Daily Mail .