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Associazione Calcio Milan, commonly referred to as A.C. Milan or simply Milan, is an Italian professional football club based in Milan, Lombardy. It was founded in 1899 by English lace-maker Herbert Kilpin and businessman Alfred Edwards among others. The club has spent most of its history in Serie A, the top-flight of Italian football, having played only two seasons in Serie B in the early 1980s. Milan has won 18 officially recognized UEFA and FIFA international titles, and remains tied with Boca Juniors as having won the most in the world. Milan has won four world titles more than any other club in the world, having won the Intercontinental Cup three times and the FIFA Club World Cup once. Milan has won the European Cup/Champions League on seven occasions; only Real Madrid has exceeded this total. The club has also won the UEFA Super Cup a record five times and the Cup Winners' Cup twice. Domestically, Milan has won 17 league titles, making the club the third most successful in Serie A behind local rivals Internazionale (18 titles) and record-holder Juventus (27 titles). The club has also won the Coppa Italia five times, in addition to five Supercoppa Italiana triumphs. The UEFA Cup (Europa League) remains the only major competition for which the team are eligible to compete that they have never won. Milan was a founding member of the G-14 group and the European Club Association that was formed following the first organization's dissolution. Milan's home games are played at San Siro, also known as the Stadio Giuseppe Meazza. The stadium, which is shared with Inter, is the largest in Italian football, with a total capacity of 80,074. The owner of the club is Italian Prime Minister, Silvio Berlusconi while the vice-president is Adriano Galliani. Milan is one of the wealthiest clubs in Italian and world football.