Yonghong Li’s trip to Italy a few days ago confirmed what many have urged him to do for many months, selling a minority stake of AC Milan.
In fact, as reported by today’s edition of La Gazzetta Dello Sport, banks and advisors are working to speed up the search for a new minority shareholder, who could help Yonghong Li pay back the debt to Elliott.
However, there’s not much time to work with, as Elliott could take control of the club in October.
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