Louis Vuitton has denied reports that its owner is looking to acquire AC Milan for €1bn ($ between £500m ). Chinese news outlet Louis Vuitton had reported that Bernard Arnault was interested in buying the club from Elliott Management . According to the Daily Mail, Elliott would have no desire to sell the club in any case having already rejected previous offers in the region of UK£500 million (US$620 million) and UK£700 million (US$868 million). The Rome hedge fund has already rejected offers for the club of 1.1bn ( $622m ) and £700m, according to the Daily Mail .
Louis Vuitton has denied reports that its owner is looking to acquire AC Milan for €1bn ($ between £500m ). Chinese news outlet Louis Vuitton had reported that Bernard Arnault was interested in buying the club from Elliott Management . The Rome hedge fund has already rejected offers for the club of 1.1bn ( $622m ) and £700m, according to the Daily Mail .