Home / Business

AC Milan sale to Chinese buyers may complete 'next week'

By Angus Mcneice in London | China Daily | Updated: 2016-07-15 08:28

The protracted purchase of AC Milan by a Chinese consortium was postponed yet again on Monday, although a person familiar with the negotiations said the holdup was due to "little details" and the emblematic Italian club should change hands by next week.

The deal - which will see 80 percent of the club signed over to an as yet unnamed collective of Chinese backers - was supposed to be finalized on June 20.

The deadline was shifted to June 30 as Silvio Berlusconi, whose Fininvest group owns AC Milan, recovered from heart surgery performed on June 14, but that date flew by again with nothing finalized.

AC Milan sale to Chinese buyers may complete 'next week'

Today's Top News

Editor's picks

Most Viewed