CorSera: AC Milan to announce partnership with Chinese club

Head of Rossoneri Sport Investment Lux, Chinese businessman and new owner of the AC Milan football club, Yonghong Li (C) and Rossoneri Sport Investment Lux representative David Han Li (R) arrive for a press conference on April 14, 2017 in Milan. Serie A giants AC Milan were sold to Rossoneri Sport Investment Lux yesterday in a deal which sees the Chinese-led consortium take a 99.9% stake in the club. The seven-time European champions who are Italy's most succcessful club in international competition, have been owned by former three-time Italy prime minister Silvio Berlusconi since 1986. A joint statement by AC Milan's holding company Fininvest and Rossoneri Sport Investment Lux said on April 13, 2017 : "Today Fininvest has completed the sale of the entire stake owned in AC Milan - equal to 99.93% - to Rossoneri Sport Investment Lux." / AFP PHOTO / MIGUEL MEDINA (Photo credit should read MIGUEL MEDINA/AFP/Getty Images)

According to the latest reports out of Italy, Milan will soon announce a partnership relating to Milan China, while Yonghong Li will continue to follow his duties. 


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In fact, as reported by today’s edition of Corriere Della Sera, during the next week, Milan should receive a tranche of the capital increase by Yonghong Li.

Furthermore, as stated by the same source, Milan China have taken important steps, which will be announced today. As anticipated by Weibo, popular social media channel in China, Milan will have a technical and sporting collaboration with a Chinese club.

The fact that Wen Xiaoting, chairwoman of the Guizhou Hengfeng, is in Milan, offers more than a clue on the club that Milan will be working with. For Wen, it will not be her first time at San Siro, as she in the previous months had tried to sign former Milan man Kaka.

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