China | AC Milan buyout delayed again as PRC stops money from leaving China
AC Milan supporters deploy a giant flag showing owner Silvio Berlusconi, who agreed to sell the club to a Chinese consortium in 2016. Photo: Agence France-Presse.
AC Milan supporters deploy a giant flag showing owner Silvio Berlusconi, who agreed to sell the club to a Chinese consortium in 2016. Photo: Agence France-Presse.

AC Milan buyout delayed again as PRC stops money from leaving China

Media tycoon owner Silvio Berlusconi agreed in August 2016 to sell the iconic Italian football club to a Chinese consortium for US$825.4 million but the takeover has been postponed on several occasions, as reports confirm one of the Chinese investors has failed to obtain government permission to move funds out of China

Concept, design & development by
Powered by