The Chinese investors interested in buying Milan reportedly want an answer from President Silvio Berlusconi by this Wednesday.

The skepticism of the Italian tycoon has been a factor behind the numerous setbacks in the projected sale of Milan.

The Chinese conglomerate responded by leaving a deposit of €150m as a guarantee that the financial resources behind the operation were reliable.

The Chinese investors interested in buying Milan reportedly want an answer from President Silvio Berlusconi by this Wednesday.

The skepticism of the Italian tycoon has been a factor behind the numerous setbacks in the projected sale of Milan.

The Chinese conglomerate responded by leaving a deposit of €150m as a guarantee that the financial resources behind the operation were reliable.

However, according to LaStampa.it, the investors are now getting bolder and have requested an answer from Berlusconi by this Wednesday.

The President is expected to agree or disagree to a preliminary deal for the club's sale. This wouldn't be a contract to transfer any assets yet, but only an initial agreement that would let the two parties start laying out together the details of the deal.

Milan are expected to sell 70 per cent of their stocks this year for €720m, and the remaining 30 per cent in 2017.

Byandrea

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