An installment of €85m from Milan’s prospective new Chinese owners could reportedly arrive later today.
Sino-Europe Sports has signed a preliminary agreement to buy the club from Silvio Berlusconi, and had already deposited €15m.
The agreement stipulated that another €35m must be injected into the Rossoneri’s coffers within 35 days of signing, and Premium Sport reports that figure could arrive today.
That would take the Chinese consortium a step closer to definitively acquiring the club, with the closing set for November.
An installment of €85m from Milan’s prospective new Chinese owners could reportedly arrive later today.
Sino-Europe Sports has signed a preliminary agreement to buy the club from Silvio Berlusconi, and had already deposited €15m.
The agreement stipulated that another €35m must be injected into the Rossoneri’s coffers within 35 days of signing, and Premium Sport reports that figure could arrive today.
That would take the Chinese consortium a step closer to definitively acquiring the club, with the closing set for November.
The next step is to assemble a new board, with the prospective new owners hoping to include a number of club legends.
Paolo Maldini would be the most logical name, but it’s thought he wants clarity over his role before accepting anything.