Reports claim that the sale of Milan to Chinese investors will be announced on July 7.
Rossoneri President Silvio Berlusconi is in talks to sell the club, and reports from both China and Italy have spoken of an agreement being close.
Now La Stampa is reporting that a deal is all-but done to sell 80 per cent of the club, with the remaining 20 per cent to be bought-out over the next two to three years.
Reports claim that the sale of Milan to Chinese investors will be announced on July 7.
Rossoneri President Silvio Berlusconi is in talks to sell the club, and reports from both China and Italy have spoken of an agreement being close.
Now La Stampa is reporting that a deal is all-but done to sell 80 per cent of the club, with the remaining 20 per cent to be bought-out over the next two to three years.
That is in line with previous intimations, but what’s new is that the newspaper has put a date on the official announcement.
On July 7, new Coach Vincenzo Montella will officially be presented, as the team returns to Milanello for pre-season training.
According to La Stampa, that is also the day that the sale of the club to the Chinese consortium will be officially announced.