Silvio Berlusconi may have to fund Milan’s transfers again, as takeover deal drags on.

The Rossoneri President is talks to sell the club to a Chinese consortium, believed to be led by Sonny Wu.

Berlusconi and his holding company Fininvest have repeatedly been forced to cover losses in recent years, but it was hoped the arrival of the new owners would fund the summer transfer campaign.

Silvio Berlusconi may have to fund Milan’s transfers again, as takeover deal drags on.

The Rossoneri President is talks to sell the club to a Chinese consortium, believed to be led by Sonny Wu.

Berlusconi and his holding company Fininvest have repeatedly been forced to cover losses in recent years, but it was hoped the arrival of the new owners would fund the summer transfer campaign.

However, with constant delays to the deal, Gazzetta dello Sport reports that the patron will have to put his hand in his pocket or risk transfer activity being frozen until the middle of August.

Joint-CEO Adriano Galliani has been working on a number of deals, but so far only Gianluca Lapadula and Leonel Vangioni has arrived.

The latest example is Piotr Zielinski, with Galliani having met with the Udinese hierarchy to lay the foundations for a transfer.

Given that the Zebrette didn’t want to negotiate with Liverpool, and the player seemingly wasn’t convinced by Napoli, the Diavolo should have been in pole position.

However, the lengthy delay in closing the deal means that Zielinski is now almost certain to join the Partenopei.

Villarreal defender Mateo Musacchio is still on stand-by, as is Besiktas midfielder Jose Sosa.

The situation means that, without Berlusconi’s help, Milan must sell before they buy, but that isn’t proving easy.

Carlos Bacca would be allowed to leave for €30m, but he rejected West Ham United who are the only club to meet the asking price.

With Napoli focused on Mauro Icardi, for the moment Bacca is still at Milanello.

Jeremy Menez has gone to Bordeaux, which frees up a wage though the transfer fee is thought to be negligible, while Mattia De Sciglio is, despite his agent’s words, considered unsellable.

Alessandro Matri will be sold, but is unlikely to fetch a high price, meaning that Berlusconi may once again have to fund the mercato.

Bygaby

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