Calciomercato.com

  • Identities of Chinese investors to be revealed after AC Milan takeover’s complete

    Identities of Chinese investors to be revealed after AC Milan takeover’s complete

    Identities of Chinese investors are going to be revealed once Sino Europe Sports complete AC Milan’s takeover, the Chinese consortium has announced through their press officers’ Twitter account.

    Sino Europe was supposed to finalize the club’s takeover by the 12th of December but failed to finalize the deal due to bureaucratic issues. The closing date is being postponed to the 3rd of March and the Chinese consortium had to pay a fine of € 100 million for the delayed closing date.

    The only two known members of the Chinese consortium are the local entrepreneur Yonghong Li and the government found Haixa Capital. Even the number of their partners remains uncertain. According to some reports there are four more entrepreneurs that will be involved in the deal, other media claim that there are 6-7 new members ready to invest money to acquire the 99.93% stake in the club.

    As of today, however, identities of new AC Milan owners are destined to remain unknown until the 3rd of March.
     

    Altre Notizie