There are still too many doubts surrounding AC Milan takeover. What if it's a bluff?
As we reported yesterday, the closing date will be postponed to February, leaving AC Milan short of cash and unable to make any transfer activity at all, like it happened last summer. AC Milan, however, will receive € 100 million more as compensation for the delayed closing date.
Sino-Europe have already paid a deposit of € 100 million to AC Milan, which means they have already invested € 200 million in the club’s acquisition. How can they send this money when the other capitals are blocked in China for alleged bureaucratic reasons? According to buyers, the last deposit comes from Hong Kong and not from China although the identities of many investors in still unknown. Sino-Europe, for example, does not even have its own website. Haixia does, but it is in only in Chinese.
The club's takeover is expected to be finalized in less than ten days, but there are still too many questions surrounding the deal. What if it is a bluff?