Italian Serie A club AC Milan will have to sell their players to remain in business, according to reports in the Italian press and today's Daily Telegraph newspaper.
The club, which is owned by Silvio Berlusconi, is reportedly up to £165million ($143m) in debt and on the verge of bankrutpcy.
Berlusconi said he intends to sell 17 of his players and force a pay cut on the remaining team members.
AC Milan has told sportbusiness.com
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