Oct 24, 2012 9:28 PM by The Associated Press
MILAN (AP) - Silvio Berlusoni says he won't run for a fourth term as premier in spring elections.
Berlusconi has until now been coy about his intentions. But the three-time former premier posted a statement on his movement's website Wednesday under the headline: "I won't run for premier."
He indicated, however, that he won't entirely step aside.
Employing a soccer 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 hold primaries on Dec. 16 to decide a candidate for premier.
Berlusconi's personal legacy has been tarnished by sex and corruption scandals.
(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
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