An Arab group has reportedly expressed an interest in purchasing Milan from under-fire owner Li Yonghong.
According to Calciomercato.com, Milan are close to restructuring their €303m loan with US hedge fund Elliott Management, which would see its repayment spread over several years and let the Rossoneri plan for the future with “more peace of mind”.
An Arab group has reportedly expressed an interest in purchasing Milan from under-fire owner Li Yonghong.
According to Calciomercato.com, Milan are close to restructuring their €303m loan with US hedge fund Elliott Management, which would see its repayment spread over several years and let the Rossoneri plan for the future with “more peace of mind”.
Furthermore, the website believes more investment could arrive from the Arab region, although it is not clear at this stage whether it intends to support Li in his running of the Diavolo or buy out the Chinese’s majority stake in the club.
The consortium in question would also be assisted by an American investor that specialises in construction, seemingly boosting Milan’s plans for a new stadium.