Milan-Fininvest: 'We have received the 85 million euros from the Chinese group'. Here is also the Sino-Europe statement
Sino-Europe Sports president Li Yonghong declared: "Today’s announcement is the beginning of something great and a new cycle in this great squad’s history. For many generations, Berlusconi’s Milan was a synonym of success. Our objective is to bring this team back to the level it once was".
" According to the conditions agreed upon in the contract, to do so, the buyers will provide 350 million euros to Milan over the next 3 years".
" The closing will occur by the end of 2016".
16:50- It is now almost official: Fininvest announced that they have received the 85 million euros remaining from Sino-Europe Sports Investment Management Changxing, which was previously agreed upon once the preliminary agreement was signed between the involved parties. This document was first released by Fabio Ravezzani on his official twitter page. A deal is now closer to being complete …
Jean-Luca Mascaro (@CalcioNews89)
