Milan CEO Marco Fassone claims Li Yonghong’s €10m cash injection is on its way to the club.

Li had reportedly been given a deadline of Monday to raise the capital or face losing Milan to American hedge fund Elliott Management, but Fassone assured the money was coming.

“Li Yonghong’s money is coming,” he told Il Messaggero.

Milan CEO Marco Fassone claims Li Yonghong’s €10m cash injection is on its way to the club.

Li had reportedly been given a deadline of Monday to raise the capital or face losing Milan to American hedge fund Elliott Management, but Fassone assured the money was coming.

“Li Yonghong’s money is coming,” he told Il Messaggero.

The New York Times article on Milan’s exclusion from the Europa League? These are the same things we’ve been reading for a long time.”

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