Milan have officially sealed a commercial partnership with Chinese club Guangzhou Evergrande, who are coached by Marcello Lippi.
It was known that general manager Adriano Galliani held meetings with the side this week during their visit to Italy, but the deal has now been confirmed.
“Adriano Galliani was in fine spirits when he welcomed to president of Chinese club Ghuangzhou Evergrande, Liu Jong Zhuo,” read a statement.
“The commercial partnership between the two clubs was signed and sealed with a handshake and smiles all around. Galliani gifted the Chinese president a shirt with 8-Liu printed on the back.
“Ghuangzhou have won the last two league titles in China. Guangzhou Evergrande won the title in 2012 with 58 points, 5 more than Jiangsu Sainty. They won 17 games, drew five, lost five and scored 51 compared to 29 conceded.”
There are rumours this partnership could see a Chinese player loaned to Milan in January and the exchange of youth academy prospects.