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  • AC Milan, new owners late in submitting list of investors

    AC Milan, new owners late in submitting list of investors

    Reliable economic journalist Carlo Festa has revealed that Sino Europe Sports have postponed the submission of list of investors by one week.

    “They were supposed to reveal the identities of new investors this week, between the 20th and the 21st of October”, Festa writes in his Sole 24 Ore blog.

    “But now, they should submit the list next week, whilst the closing is not going to be postponed and the club’s takeover should be realized by mid November.”

    “Finivest are also waiting to be informed about who the new investors are as they’ve only received a list of potential investors so far, but they need those names to be confirmed alongside an important economic commitment.”

    “Meantime, also chief executive Marco Fassone has postponed his trip to China where he was supposed to have meetings with new investors and potential sponsors.”

    ​Both Fassone and Mirabelli travelled to London last week-end as they are believed to have begun transfer talks with Chesea for Cesc Fabregas.
     

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