The ruler of Dubai is preparing an offer to purchase 40 percent of AC Milan for about 400 million euros, MF business newspaper reported on Tuesday. AC Milan's owner Fininvest SpA, the holding company of Prime Minister Silvio Berlusconi's family, could get the offer this week, MF said. The bid from Sheikh Mohammed Bin Rashid Al-Maktoum could include an option to buy the rest of AC Milan in two years, it said. Milan has denied any talks were under way. Asked in a television interview late on Monday about sale of the club, Berlusconi said: “You, like all other journalists, are completely divorced from reality.” City signs Barry England and Aston Villa midfielder Gareth Barry has joined Manchester City for 12 million pounds ($19.7 million), the Premier League club said on Tuesday. The 28-year-old has signed a five-year contract with City, it said in a statement on its website. Barry, who has 29 England caps, is with Fabio Capello's national squad preparing for Saturday's 2010 World Cup qualifying match in Kazakhstan. Real presents Pellegrini Real Madrid presented new coach Manuel Pellegrini as the figure to reinvigorate the club following its first trophyless season for three years. New club president Florentino Perez presented the 55-year-old Chilean to the media on Tuesday at the Santiago Bernabeu Stadium, one day after the former Villarreal coach agreed a two-year deal to join the Spanish powerhouse.
