Milan board ratifies takeover meeting
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…
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 closing is set for April 14 with new US funds via Luxembourg, but Milan are expected to retain Silvio Berlusconi as Honorary President. On Saturday there was a breakthrough…
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…
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…
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…
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…
The Milan takeover by Sino-Europe Sports could be abandoned and Silvio Berlusconi keep the €200m, but financial analysts have “never seen anything like it.” The closing has been postponed repeatedly…
Friday’s shareholder’s meeting will be decisive for the Milan sale to Chinese investors, but there are reports Silvio Berlusconi could pull the plug. The situation has been dragging on since…
According to the latest reports, the closing for Milan’s sale to Chinese investors will be postponed to April 7 with a new €100m deposit. The closing was meant to be…
The Milan closing could be postponed by another 30 days with a new €100m payment, as Sino-Europe Sports don’t have the €320m. The closing had been all set for Friday…
Reports suggest the Press conference to present Milan’s new owners will be held on Saturday morning. Sino-Europe Sports will complete their takeover of the Rossoneri on Friday, barring any last-minute…
Yonghong Li of Sino-Europe Sports assures “we’ve identified an alternative investment structure” if the Chinese government delays the purchase of Milan. The deal was supposed to be completed this month,…
The sale of Milan to Chinese investors will be completed by November 4, according to reports. Club President Silvio Berlusconi has signed a preliminary agreement to sell the Rossoneri to…
Inter veteran Marco Fassone is chosen as Milan's incoming director general, but the new owners remain largely unidentified. The Rossoneri may have been officially sold to the Chinese, resulting in…