Chinese investors concludes plan to buy AC Milan
Chinese investors are at the final stage on an agreement to buy the club AC Milan soccer, and make sure if the deal will be the largest purchase of a Chinese Uahda of the most important clubs in the world game.
Sources familiar with the deal, sources said that a group of investors seeking to acquire 80% of the club in exchange for 440 million euros, is expected to be complete agreement through July of this.
The Italian club estimated the value of 750 million euros, although it owes at the moment 200 million, according to the same sources.
Investors were also seeking to buy the remaining 20%, and invest 400 million euros over the next two to three years.
Beat AC Milan, which was founded in 1899 the Italian league title 18 times and is the culmination of the most club Champions League title (seven times) after Real Madrid.
Come and acquisitions and the purchase of club operations by the Asian giant as part of a government program in China aimed at football development by encouraging companies to invest in the sport in other countries, in order to raise the level of the game in the Asian country by mid-century.
Investors were also seeking to buy the remaining 20%, and invest 400 million euros over the next two to three years.
Beat AC Milan, which was founded in 1899 the Italian league title 18 times and is the culmination of the most club Champions League title (seven times) after Real Madrid.
Come and acquisitions and the purchase of club operations by the Asian giant as part of a government program in China aimed at football development by encouraging companies to invest in the sport in other countries, in order to raise the level of the game in the Asian country by mid-century.
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