![BREAKING From China: Robin Li completes AC Milan takeover](https://cdn.calciomercato.com/images/2016-07/tv.cinese.cessione.milan.robin.li.1400x840.jpeg)
BREAKING From China: Robin Li completes AC Milan takeover
Robin Li is rumoured to have acquired the 70% stake in the club for $ 437 million (€ 390 million). He is the sixth richest man in China and is believed to have partnered up with the Evergrande Group to acquire a majority share in AC Milan.
If the news will be confirmed over the next few hours, that will be the end of Berlusconi's era as AC Milan owner.