Milan buyers revealed today

by | May 31, 2016 09:00

Milan's prospective Chinese buyers will be revealed to President Silvio Berlusconi today, say reports.

The sale of the Rossoneri's majority shares to a foreign investor is a business that has gone through endless delays and deferrals, but today an important step should be taken.

Berlusconi has a meeting scheduled with his holding company Fininvest to discuss the sale of the club's shares, and in this meeting the precise identity of the Chinese buyers will be revealed to him.

Milan's prospective Chinese buyers will be revealed to President Silvio Berlusconi today, say reports.

The sale of the Rossoneri's majority shares to a foreign investor is a business that has gone through endless delays and deferrals, but today an important step should be taken.

Berlusconi has a meeting scheduled with his holding company Fininvest to discuss the sale of the club's shares, and in this meeting the precise identity of the Chinese buyers will be revealed to him.

The President so far has only been dealing with intermediaries such as Italo-American Salvatore Galatioto, from the Galatioto Sports Partners, and Italian-British entrepreneur Nicholas Gancikoff. The precise identity of the business group that is looking to take control of Milan has been kept under wraps.

Berlusconi previously seemed reluctant to sell the club, claiming that he wouldn't let it go unless he felt the investor was serious and could guarantee Milan's success and pre-eminence. Being able to examine the Chinese conglomerate in today's meeting should give him the means to verify just that.

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