Chinese investor Fu Yixiang reveals his colleagues want to buy Milan from Silvio Berlusconi and sell shares to 500,000 fans.
The Rossoneri are in dire financial straits and today La Repubblica claims they could even put plans to build a new stadium on hold due to a €92m loss registered in December 2014.
It would be cheaper and simpler to co-ordinate with Inter in sharing San Siro and restructuring the arena, especially with news the Metro line will be extended to give the stadium its own stop.
Chinese investor Fu Yixiang reveals his colleagues want to buy Milan from Silvio Berlusconi and sell shares to 500,000 fans.
The Rossoneri are in dire financial straits and today La Repubblica claims they could even put plans to build a new stadium on hold due to a €92m loss registered in December 2014.
It would be cheaper and simpler to co-ordinate with Inter in sharing San Siro and restructuring the arena, especially with news the Metro line will be extended to give the stadium its own stop.
“China has chosen Milan because it’s a great club,” Fu told newspaper Libero.
“All the main investors are linked to the football world. The Wanda group bought TV rights company Infront, Jack Ma of Alibaba owns 50 per cent of Guangzhou Evergrande, which had Marcello Lippi as Coach and now Fabio Cannavaro.
“The Huawei group is a very active brand in sponsorship and already partners Milan. They’d all have the possibility of buying the club outright, but do not currently have the determination to conduct the operation by themselves.”
Berlusconi has suggested AC Milan is worth around €1bn, but Fu reveals a different approach to financing the deal.
“We could only spend that money by selling shares to the fans. You couldn’t do that in Italy, as there wouldn’t be enough fans ready to pay, but a trust in China is possible.
“It wouldn’t be hard to find 500,000 fans ready to invest. A Milan side built by the Chinese people could become an unstoppable star in the football world.”