There are reports that Poe Here Ying Wangsuo, known as Mr Pink, has agreed a deal to take over 75 per cent of Milan.
There has been much speculation in recent months that current President Silvio Berlusconi will sell the Rossoneri, with Thai property tycoon Bee Taechaubol also interested.
However, Tuttosport is this morning carrying reports from Hong-Kong’s Next Magazine that a deal has been agreed with Wangsuo, also known as Mr Pink.
There are reports that Poe Here Ying Wangsuo, known as Mr Pink, has agreed a deal to take over 75 per cent of Milan.
There has been much speculation in recent months that current President Silvio Berlusconi will sell the Rossoneri, with Thai property tycoon Bee Taechaubol also interested.
However, Tuttosport is this morning carrying reports from Hong-Kong’s Next Magazine that a deal has been agreed with Wangsuo, also known as Mr Pink.
Next Magazine believes that a deal was agreed on March 7 between Berlusconi and Mr Pink which would see the Chinese businessman take over three quarters of the club’s shares over the next three years.
The story echoes reports from earlier this month, which were accompanied by a picture of the former Italian prime minister signing paperwork with Mr Pink.
The entrepreneur’s nickname stems from his range of energy drinks, which are popular in North America.