Chinese e-commerce tycoon Jack Ma has denied interest in buying Italian giants AC Milan on his official Weibo account.
Previously, Italian media reported that the Chinese multi-billionaire was considering buying the seven-times Champions League winner via his public company Alibaba Group.
However, Jack Ma was quick to laugh off rumors.
“Is AC Milan in Italy’s Milan? I heard Tyson of the Lakers went to Milan. I do not know whether he went to AC Milan. If so, Chinese Super League Yao Ming will suffer”, the billionaire joked on his official Weibo account.
Yao Ming was a basketball legend and he has never played in the Chinese Super League, so it is possible that Jack Ma was considering the rumor to be non-sense.
Jack Ma’s Alibaba Group co-owns Chinese Super League outfit Guangzhou Evergrande Taobao.