Bee Taechaubol and Fininvest will continue to negotiate overnight to complete his investment in Milan, according to reports.
The Thai property tycoon, commonly known as Mr Bee, has agreed to take a 48 per cent stake in the Rossoneri, but his investment has been beset by delays.
Representatives from Fininvest, the holding company founded by President Silvio Berlusconi which controls the club, are in China this week in an attempt to iron out the details.
Bee Taechaubol and Fininvest will continue to negotiate overnight to complete his investment in Milan, according to reports.
The Thai property tycoon, commonly known as Mr Bee, has agreed to take a 48 per cent stake in the Rossoneri, but his investment has been beset by delays.
Representatives from Fininvest, the holding company founded by President Silvio Berlusconi which controls the club, are in China this week in an attempt to iron out the details.
According to MilanNews, today’s talks have progressed well, but aspects of the deal have had to be reviewed with the presence of a new backer on Taechaubol’s side.
The website reports that this means talks will continue overnight, with the aim of defining some key aspects before a meeting tomorrow.
Alessandro Franzosi and Leonardo Brivio, the Fininvest representatives, were due to head back to Milan tomorrow night, but could remain in Shenzhen if talks are advancing significantly.
If not, the pair will return to Italy and work to close the deal from there.