Yonghong Li’s financial solidity and continuity as AC Milan president is in serious doubt with many interested subjects ready to take over.
The Chinese businessman is dealing with many obstacles in his homeland and the bankruptcy of “Jie Ande”, one of his biggest companies, has made matters worst. If in early April Mr. Li has not deposited 10 million euros (35 till the end of the season) the club needs then the red and blacks pass automatically in the hands of Elliot Fund who will look to resell the club.
According to today’s edition of Tuttosport, there are already four subjects interested in taking over AC Milan if Yonghong Li were to leave the club: the president and owner of Monaco Dmitrij Rybolovlev, the Arab emir Saeed Al-Falasi, the Uzbek business tycoon Alisher Usmanov and an unnamed American fund, sponsored by a US business bank.