Milan’s board meeting didn’t touch on new investors, but the 2017-18 budget was approved with a loss of €75m.
The Rossoneri held a meeting today to read the budget, but as expected new investors weren’t discussed.
The remaining €32m which is due from owner Yonghong Li for a capital increase will be paid by June 28, according to MilanNews.
In addition, the budget for this season was approved, with a loss of €75m, in line with deficits last season.
Milan’s board meeting didn’t touch on new investors, but the 2017-18 budget was approved with a loss of €75m.
The Rossoneri held a meeting today to read the budget, but as expected new investors weren’t discussed.
The remaining €32m which is due from owner Yonghong Li for a capital increase will be paid by June 28, according to MilanNews.
In addition, the budget for this season was approved, with a loss of €75m, in line with deficits last season.
On Tuesday representatives for the club will head to Nyon to meet UEFA, as they await a Financial Fair Play sanction.
The delegates will be Marco Fassone, Han Li, Roberto Cappelli, Valentina Montanari and Umberto Lago.