Il Sole 24 Ore: Yonghong Li in London to discuss AC Milan sale

By Isak Möller -

According to the reliable source Carlo Fest, Il Sole 24 Ore’s correspondent, Yonghong Li is currently in London to discuss the sale of AC Milan.

The Chinese businessman has met with several investments banks and his own advisors in order to evaluate the offers on the table for AC Milan, including the offers from Rocco Commisso and the Ricketts family. 

Furthermore, Yonghong Li is yet to reimburse Elliott for the €32m capital increase, and the transfer is due tomorrow. Should he fail to collect this money, then the American hedge fund Elliott will take over the club, leaving Li with nothing. 

Therefore, unless he gets the money very soon, he most likely will accept either Commisso’s or the Rickett’s offer. 

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