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AC Milan’s ownership changed yesterday with Chinese entrepreneurs Yonghong Li and Han Li who officially acquired a majority stake in the club putting an end to Silvio Berlusconi’s reign.

Today’s edition of La Gazzetta dello sport claims the club’s director of sport has already begun transfer talks to sign some big players in the summer.

The Italian paper reports AC Milan have already reached an economic agreement with Chelsea midfielder Cesc Fabregas.

AC Milan’s summer transfer budget will be in the region of €150million and the club’s new DS Massimiliano Mirabelli will also meet representatives of Suso, Donnarumma and De Sciglio to offer them a contract extension.

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