CorSera: When Yonghong Li could reveal new minority shareholder

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 today’s edition of Corriere Della Sera, Yonghong Li could soon announce the arrival of a minority shareholder, soon to become a majority owner of the club. 


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In fact, as reported by the newspaper, the matter should be resolved in a very short time, within fifteen days. Yonghong Li, as mentioned, is willing to welcome a new shareholder, initially minority. According to rumours, however, the plan is that this new partner will soon become the majority owner of the club. 

The operation, which has been conducted in great secrecy, may already be in an advanced phase. Furthermore, the list of potential names is incorrect, as the person is yet to be revealed. 

This could help AC Milan in their battle with UEFA, as they could then present solid funds. 

READ MORE: How a Venice hotel paved the way for Elliott’s involvement in AC Milan

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