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.
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However, there’s not much time to work with, as Elliott could take control of the club in October.
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