AC Milan Owner to Seek New Investors to Share Financial Burden Just 6 Months Into Tenure
AC Milan's Chinese owner is apparently looking to recruit another investor to share the financial burden at the club, just six months after taking over. Yonghong Li, owner of Sino-Europe Sports, bought the sleeping giants of European football back in April off of Silvio Berlusconi as part of consortium for €740m - the biggest Chinese investment in a European football club ever. But since then, Li's partners have backed out of the deal as a result of Beijing’s crackdown on foreign...
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