China releases Milan funds?
It’s reported the Chinese government could relax rules on foreign investment, allowing investors to join the Milan project. Yonghong Li had led a consortium called Sino-Europe Sports to take over…
It’s reported the Chinese government could relax rules on foreign investment, allowing investors to join the Milan project. Yonghong Li had led a consortium called Sino-Europe Sports to take over…
Silvio Berlusconi says he had no choice but to sell Milan to Chinese investors as there were no Italian alternatives. The former Diavolo owner finally completed his sale of the…
The takeover of Milan has officially been completed, with Silvio Berlusconi selling the club after 31 years. A consortium led by Chinese businessman Yonghong Li has been attempting to buy…
Marcello Lippi discusses Milan’s expected new owners - “no-one in China knows who these people are”. The World Cup-winner is currently in charge of the Chinese national team, and with…
Suso assures he’s happy at Milan, but “I don’t know what will happen with the sale, and what kind of project there will be”. The Spanish midfielder has made his…
Paolo Maldini isn’t sure he’ll return to Milan as “they see me as a problem sometimes”. The legendary defender made over 900 appearances for the Rossoneri in his playing career,…
Milan’s board of directors have ratified an associates’ meeting on April 14, which will confirm the club’s takeover. Sky Sport Italia and Tuttomercatoweb report the approval was given by the…
The Milan “funding is complete” and the takeover closing is set for April 14, confirmed a statement from Silvio Berlusconi’s Fininvest company. Yonghong Li shut down Sino-Europe Sports today and…
The Milan takeover is getting more complex, as Sino-Europe Sports is disbanded, making Yonghong Li the sole owner funded by several different loans. The conglomerate had been set up to…
Alessandro Costacurta believes the time has come for Silvio Berlusconi to sell Milan, but “Inter are the best team after Juventus right now.” The former defender was part of the…
According to the latest reports, Sino-Europe Sports hope to complete the Milan takeover with €200m on loan from Elliott Management Corporation. The closing has been repeatedly postponed due to a…
Silvio Berlusconi says he will remain as President of Milan for as long as he is needed. The 80-year-old has been on the verge of selling the club to the…
Documents show Sino-Europe Sports paid another €30m of their €100m deposit today using a new offshore company in the British Virgin Islands. The takeover has been repeatedly postponed and the…
Milan have reportedly received another €30m from Sino-Europe Sports as the takeover bid takes a small step forward. After countless delays, Fininvest, the company owned by President Silvio Berlusconi are…
Pier Silvio Berlusconi points out “the deposits paid for Milan are already more than the full price paid for Inter…” The Rossoneri are in the midst of a takeover by…
An investigation into the takeover of Milan alleges multiple investors have abandoned Sino-Europe Sports. The Chinese group is in the process of buying the Rossoneri from Silvio Berlusconi and his…
According to several reports, Sino-Europe Sports have paid €20m, but Milan want the full €100m deposit by Friday. The takeover by a Chinese conglomerate remains up in the air after…
Adriano Galliani admits “everything is stopped” at Milan in terms of contract renewals and new signings. The Rossoneri are in the process of being sold to a Chinese group, Sino-Europe…
Milan TV assures a new €100m deposit from Sino-Europe Sports will be paid this week. The Chinese consortium is in the process of buying the club from Silvio Berlusconi and…
The long-running takeover saga surrounding Milan could reportedly end in failure if a new €100m doesn’t arrive this week. It was reported today that the latest deposit of €100m from…