Saudi Arabian prince could buy Milan
Things couldn’t have been worst for AC Milan. At a time when the Rossoneri were supposed to be active on the market the situation at the club has never been more confuse.
Serie A giants AC Milan are set to change owner very soon after current president Yonghong Li failed to repay 32 million euros to Elliot Fund. Unless Mr. Li finds 415 million euros for the American fund by Monday then Elliot becomes the new owner of the Rossoneri club.
However Yonghong Li is making a last minute attempt to save his investment. The Chinese businessman is now in London accompanied by CEO Marco Fassone in negotiations with a mysterious subject believed to be Saudi price Al-Falasi.
The Arabian price represents Mr. Li’s last hope of getting away with something otherwise he risks losing potentially more than 300 million euros invested in the club. Portuguese agent Jorge Mendes is believed to be the intermediary brokering this deal.