AC Milan: Yonghong Li financial troubles continue as Uefa ‘suggests’ Europa League ban

01 June at 11:25
AC Milan president Yonghong Li is walking on thin ice even if he is expected to refinance the Serie A giants with a cash injection of € 10 million.
AC Milan need to cash in € 30 million by the end of June and the Elliot are still monitoring the situation of the rossoneri who could be banned from the Europa League next season.

As per Il Corriere della Sera, Chinese authorities have closed the investigation on Li’s bankrupted company in the Far East and sanctions are expected to arrive in the coming weeks.

In addition to that, according to the New York Times, investigators of Uefa have suggested to ban the club from the European competition due to their struggles to cope with Financial Fair Play.

Li is due to make a € 10 million cash injection but his financial troubles in Europe and China are not even close to be finished.



comments powered by Disqus

More news about...

Milan ha aggiornato la propria Privacy Policy in funzione della nuova legge europea, la General Data Protection Regulation (GDPR).

Questo sito utilizza cookie, anche di terze parti, per inviarti pubblicità e servizi in linea con le tue preferenze. Se vuoi saperne di più o negare il consenso a tutti o ad alcuni cookie.

Scorrendo la pagina o cliccando il pulsante "ho capito" acconsenti all'uso dei cookie e accetti la privacy policy.

We'd like to show you notifications for the latest news and updates.