Berlusconi won't seek fourth term
on 24/10/2012 18:44:58
Until now the three-times former premier has been coy about his intentions, but today he posted a statement on his movement's website under the headline: "I won't run for premier."
He indicated, however, that he will not entirely step aside from politics.
Employing a football metaphor, the 76-year-old billionaire businessman, who also owns AC Milan, said: "I will remain alongside younger players who need to play and score goals", noting: "I still have good muscles and a bit of a head."
He recommended that his People of Liberty movement holds primaries on December 16 to decide a candidate for premier.
Mr Berlusconi's personal legacy has been tarnished by sex and corruption scandals.