AC Milan sale negotiations continue between Sino-Europe Sports and Fininvest

By Nikita Fesyukov -

The AC Milan sale deal has been an exhausting experience for the clubs’ fans. The saga has been surrounded with much uncertainty and non-transparency. However, the parties involved are seemingly looking to solve these issues, as negotiations continue.

According to Sky Italia‘s Peppe Di Stefano, the third €100 million deposit is expected by Friday. The parties’ advisers met today in order to renegotiate the closing of the club sale.

As of now, there is no contractual agreement between the Chinese consortium and Fininvest, as the agreement expired on March 3. Both sides are working on a new agreement, which will be activated only and exclusively after the payment of the third deposit.

There is a gentlemen’s agreement between both parties, however, possible twists such as the collapse of the deal are not to be excluded. In that case, other potential buyers could take advantage and ponder a deal with Fininvest.

 

Tags AC Milan Berlusconi Fininvest Italy Milan Rossoneri Sino-Europe Sports
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