NEWS
Tuesday November 29 2016
Milan buyers agree new €100m deposit?

La Gazzetta dello Sport claims Milan have agreed to delay closing to January 15 with another €50m-€100m deposit from Chinese buyers.

President Silvio Berlusconi reiterated yesterday that the club “has been sold,” though the closing date set for December 13 looks to be postponed.

According to La Gazzetta dello Sport website this evening, today Fininvest (Berlusconi’s holding company) representatives met with Sino Europe Sports to discuss the details.

It’s believed Berlusconi is prepared to allow another six weeks at the most, but he is demanding an extra deposit on top of the €100m already paid.

After today’s meeting, the Chinese group are open to that agreement and the deposit will be somewhere between €50m and €100m.

More encounters are needed to whittle down the details of this new payment.

That should allow the Rossoneri some spending money on the January transfer market.