China consortium bids 700 million to buy AC

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Earlier , Italy's "Late Mail" first disclosed the news that Chinese buyers had arrived at Milan City to negotiate with Berruscani, and said Chinese buyers were interested in acquiring a stake in AC Milan, and today's Rome sports news revealed that Chinese businessmen had been in the final stages of negotiations in Italy, and that the takeover plan had been released. The overall acquisition of AC Milan will be completed in 2, with an estimated cost of € 700 million, while the Italian media speculated that the gold owner behind the acquisition of AC Milan was Robin Li, Baidu's boss.

lawyers from the group met with Chinese negotiators, and Italian media said Chinese companies wanted to spend 500 million euros on the 70% stake in AC Milan, become a major shareholder, and a 30% stake in 200 million euros, which will be completed next season, not hard to see, The valuation of AC Milan by Chinese companies is worth 700 million euros.

Italian media "football market" last week made the future of AC Milan is the Chinese judgment, "the Roma sports newspaper," said there are 3 possible buyers, most likely is Baidu boss Robin Li, the business tycoon was born in 1968, with $14.1 billion of assets, Baidu is the founder of the search engine, but also in China to run takeout delivery and e-commerce business.

The Chinese company has set a very clear framework for AC Milan and, once it has completed a 100% per cent stake in AC Milan, Chinese companies are expected to bring AC Milan's annual revenues to 300 million euros, particularly from the east, the Roma sports newspaper said. It can be seen that Chinese companies are expected to revive AC Milan, and the next step is to see how Berruscani choose, after all, the appetite of Chinese companies is very large, hoping to buy all AC Milan, whether the acquisition of the owner is Robin Li, this will be announced in the recent period.

This article from "Sports Some things" blog, declined reprint!

China consortium bids 700 million to buy AC