Richard Lee has a four-year plan to take over 70 per cent of Milan, according to reports this morning.
The Rossoneri are believed to be on the verge of being sold, with Thai investor Bee Taechaubol in Milan over the weekend, an announcing a deal will be done within the next month.
However, it’s thought that Hong Kong-based investor Richard Lee is still keen on a bid of his own, and this morning’s Gazzetta dello Sport claims to have details of that offer.
Richard Lee has a four-year plan to take over 70 per cent of Milan, according to reports this morning.
The Rossoneri are believed to be on the verge of being sold, with Thai investor Bee Taechaubol in Milan over the weekend, an announcing a deal will be done within the next month.
However, it’s thought that Hong Kong-based investor Richard Lee is still keen on a bid of his own, and this morning’s Gazzetta dello Sport claims to have details of that offer.
The Milan-based sports daily believes Mr Lee will initially seek to buy between 30 and 40 per cent of the Diavolo.
Over the next four years, that holding would gradually rise to 70 per cent, with current President Silvio Berlusconi incrementally reducing his share.
The newspaper believes that Berlusconi wants a deal to be completed by June 30, in order for the club to be able to plan for next season with a new management structure.