Milan deposit in limbo?
Reports suggest the latest €100m for the sale of Milan is held-up in the British Virgin Islands. The islands are a tax haven, with many financial companies and offshore interests…
Reports suggest the latest €100m for the sale of Milan is held-up in the British Virgin Islands. The islands are a tax haven, with many financial companies and offshore interests…
Adriano Galliani dropped the biggest hint yet that the Chinese takeover could be abandoned. “Milan are not orphans and Silvio Berlusconi is able to carry on.” The closing has been…
Agent Mino Raiola warned Gianluigi Donnarumma’s future is up in the air. “He is a Milan player, but we know the situation there. These investors are just embarrassing.” The goalkeeper…
It’s reported that Milan President Silvio Berlusconi is angry with Sino-Europe Sports, after another delay to their takeover. The Chinese consortium missed the latest deadline to buy the Rossoneri, which…
Reports suggest that Sino-Europe Sports may be ready to pull out of the Milan takeover deal. With the third installment of €100m yet to be paid, La Repubblica suggests that…
Reports suggest Sino-Europe Sport’s latest €100m deposit for the sale of Milan hasn’t arrived, but it should be paid by Monday. Following another delay to the closing, set for March…
Silvio Berlusconi’s lawyer has reportedly verified the origin of the €200m paid so far for the takeover of Milan. Chinese consortium Sino-Europe Sports is in the process of buying the…
According to financial experts Bloomberg, Sino-Europe Sports have lost the backing of Haixia Capital Management, leaving just Yonghong Li to buy Milan. The takeover has been delayed repeatedly due to…
Pier Silvio Berlusconi confirms his father, Silvio, will hold on to Milan if the deal with Sino-Europe Sports falls through. The Chinese consortium are in the process of a takeover,…
A third €100m deposit for the sale of Milan is expected to arrive tomorrow, ahead of closing next month. Sino-Europe Sports once again missed their deadline to buy the Rossoneri,…
According to the latest reports, the new date for the closing of Milan’s sale to Sino-Europe Sports is April 7. This final step in the takeover by Chinese investors has…
Reports suggest there is a new contract for the sale of Milan, which should be completed before Easter. The takeover by Sino-Europe Sports has been hit by a series of…
Sino-Europe Sports’ third deposit for ownership of Milan is reportedly set to be paid either today and tomorrow. According to Tuttomercatoweb, there are “great expectations” among the Milan hierarchy about…
Reports suggest that Milan have extended the deadline for Chinese investors to provide a further €100m deposit to Monday. Corriere della Sera suggests that the extra payment will seal a…
There are reports Silvio Berlusconi’s Fininvest have accepted the financial guarantees provided by Sino-Europe Sports for the Milan takeover. The closing was meant to be last week, but was postponed…
It’s reported Sino-Europe Sport have provided documents proving they have the funds to buy Milan. A takeover has been delayed several times, with the latest deadline of March 3 passing…
Reports suggest that Milan will require clarification over the origin of funds coming from China as a takeover is re-attempted. Work is continuing as the two parties try once again…
Sino-Europe Sports should pay another €100m deposit for their takeover of Milan by Friday, according to reports. The Chinese consortium are in the process of buying the Rossoneri from Silvio…
Reports suggest Milan will give Sino-Europe Sports time, but there are four other potential investors. The Chinese consortium has been in the process of a takeover for some time, but…
Former Milan defender Alessandro Costacurta has expressed his concern over the failure to close a takeover deal for the club. Chinese investors had been set to purchase the club under…