Milan will present their proposal for a voluntary agreement regarding Financial Fair Play to UEFA tomorrow in Nyon.
The Rossoneri were bought over by a Chinese consortium led by Yonghong Li in April, at which point they proposed a voluntary agreement to meet FFP.
This provision is available for new shareholders, but European football’s governing body has to accept that there is a viable business plan to balance the books over the next four years.
Milan will present their proposal for a voluntary agreement regarding Financial Fair Play to UEFA tomorrow in Nyon.
The Rossoneri were bought over by a Chinese consortium led by Yonghong Li in April, at which point they proposed a voluntary agreement to meet FFP.
This provision is available for new shareholders, but European football’s governing body has to accept that there is a viable business plan to balance the books over the next four years.
The plans will be submitted to UEFA tomorrow, with CEO Marco Fassone set to be accompanied to Nyon by Han Li, right hand man of owner Yonghong Li.
According to Premium Sport, the club is optimistic that UEFA will sign off on the plans, and come to a voluntary agreement with the Rossoneri.