• Only four Chinese investors in Milan takeover

    Only four Chinese investors in Milan takeover

    According to the Corriere della Sera, only four Chinese investors will be involved in the takeover of Milan. The journal claims that this list has now been submitted to Fininvest and that new CEO Marco Fassone has been in negotiations with the man who is organising the financing of the deal, during his visit to the country this week. The full takeover of the club is expected around the 20th of November, when the new consortium will be listed on the stock exchange.
    Since last summer, there has been intrigue surrounding the takeover of the Italian giants and whether current president, Silvio Berlusconi, would finally be willing to sell the club that he has been at the heart of for 30 years. When an agreement was finally reached, the new consortium was able to put together the €100 million it needed to secure the preliminary agreement, in just one week. Over the next month, a new era in one of the world’s most famous clubs, is set to begin.

    Steve Mitchell @barafundler

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