Milan haven’t yet received the €10m sent by owner Yonghong Li last Tuesday, according to reports.
The businessman had pledged the capital increase to ensure the smooth running of the club until the end of the season, and last week it was reported that the money had been sent from China.
According to this morning’s Gazzetta dello Sport, the money was sent last Tuesday, but so far it hasn’t cleared with the bank.
No-one within the club doubts that the money will arrive, the newspaper reports, but there is a deadline of tomorrow.
Milan haven’t yet received the €10m sent by owner Yonghong Li last Tuesday, according to reports.
The businessman had pledged the capital increase to ensure the smooth running of the club until the end of the season, and last week it was reported that the money had been sent from China.
According to this morning’s Gazzetta dello Sport, the money was sent last Tuesday, but so far it hasn’t cleared with the bank.
No-one within the club doubts that the money will arrive, the newspaper reports, but there is a deadline of tomorrow.
A further €27.4m must be paid by June 30, in whatever form the board of directors deems most appropriate.
Li is looking to refinance a €303m loan used to buy the club from hedge fund Elliott Management, who can take over the club if they aren’t repaid by October.