Who will be the owner or owners of AC Milan?


The Chinese sponsors of AC Milan are looking for new investors. Not only that, but they can even leave from Italy and the largest Chinese investment in a European soccer club. The media in Italy have begun to spread panic over former European soccer champions, AC Milan, alluding that the club is under great pressure due to the possibility of losing financial support from China. According to "Libero Reports", the Chinese owner of Milan is looking for one or more investors to share the financial burden. On October 18, China's Communist Party Congress will be held and new laws are expected to ban Chinese investment outside China. If this happens, the Chinese government will seek investors who have helped Jonghong Li in buying Milan to convert the figures invested in Italy, the largest Chinese investment in a European soccer club. The club of Milan lost 75 million euros in 2016. The AC Milan is currently paying the debt with the Elliot company, who can become the owner of the club and resold, if Li does not find any other funding. Li has since effectively become the sole investor, after his partners leaved. Li would be more comfortable sharing the financial risk. Former Italian Prime Minister Silvio Berlusconi finalized the sale of AC Milan before less than six months to a Chinese-led consortium headed by Li Yonghong in a 740 million ($ 872 million) deal. However, the spokeswoman for AC Milan told Reuters that there was no indication of any potential changes in the club's ownership.

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