15 April 2017

Foreign Italian club

After 31 years as club president Silvio Berlusconi has finally gave up his club. Former Italian prime minister and Fininvest chairman transferred 99.93 percent of shares on Thursday to Rossoneri sport investment lux company. These Chinese giants have purchased Milan for 740 million euros, which also includes 220 million of the club's debt. Entrepreneurs Yonghong Li and Han Li became new owners after around two years of (hard) negotiations.
This Saturday the team will play against city rivals Inter, who is also under Chinese leadership - Suning holdings group.


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