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Milan, closing at risk: the Chinese want to pay in installments

Sparks between Fininvest and Sino Europe Sport, the Chinese consortium that would like to take over Milan: in fact, the Chinese want to pay the last tranche in installments due to the difficulty of finding the last 420 million and the financial company led by Marina Berlusconi has gone all the way furies

Milan, closing at risk: the Chinese want to pay in installments

More complications at Fininvest. But this time Mediaset and Vivendì have nothing to do with it. On the other hand, Milan are causing concern. Over the last few hours, it seems that the Chinese consortium led by Yonghong Li has made a proposal that the Berlusconi family would like very little.

The hypothesis put forward concerns the possibility of paying the third tranche of payments by Sino Europe Sports, equal to 420 million, in installments to acquire ownership of the Rossoneri club, after the 200 million paid as a deposit a few months ago. The reason could be traced back to the difficulty of finding the entire sum necessary to definitively close the issue since some subjects adhering to the consortium would have withdrawn from the role of shareholder-investors reserving the possibility of financing the project.

Li is currently trying to convince Fininvest to grant a further deferment of payments and deadlines (set for March 3) and in a few hours we will know how the negotiations are going. At this point, however, a game that seemed already closed risks reopening.

The closing is once again in jeopardy. In any case, the members' meeting is currently confirmed for Friday morning, as officially announced by the club. "AC Milan informs that, in consideration of what was communicated to the company by the majority shareholder Fininvest SpA - reads the company note - the shareholders' meeting will take place on second call on 3 March 2017 at 09.30 at Casa Milan".

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