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Milan to the Chinese, closing postponed to March 3rd

All therefore postponed to 2017, with the commitment of the Chinese to pay a down payment by 12 December, i.e. another 100 million after the 100 already paid to Fininvest previously (the agreement envisages the entire payment of 520 million to acquire the 99,93% of the company).

Milan to the Chinese, closing postponed to March 3rd

Yet another postponement of a story that has now become infinite: a joint press release from Fininvest and the Chinese fund Sino Europe Sports announces that an agreement has been reached which extends to March 3, 2017 the deadline for completing the closing relating to the sale of the stake held by Fininvest in AC Milan”.

All therefore postponed to 2017, with the commitment of the Chinese to pay a down payment by 12 December, i.e. another 100 million after the 100 already paid to Fininvest previously (the agreement envisages the entire payment of 520 million to acquire the 99,93% of the company). Thus it goes even beyond that February 28 which emerged as an indicative deadline in last Friday's meeting at the Fininvest headquarters. Exactly two years after the start of the negotiations for the transfer of the club, the confirmation of the rumors of the last few days of a nothing done for the long-awaited deadline of 13 December.

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