Russian businessman ready to take over the club
The corporate future of AC Milan club is uncertain. While Yonghong Li seems destined to exit the club Alisher Usmanov is interested in taking over. Usmanov is a minority shareholder in Arsenal club, of which he holds 14.7% of the shares. In 2007, he invested 110 million to buy that package of shares. In 2013 he increased his ownership to 30% but he went no further. It was the current majority shareholder, Stanley Kroenke, who increased his stake of…
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