The sale of Milan to a Chinese consortium could be delayed until February, with another €100m deposit to be paid in the meantime.
Sino-Europe Sports has agreed a deal to buy the Rossoneri from Silvio Berlusconi and his Fininvest holding company.
However, there appears to be no sign of the Chinese government authorising the necessary transfer of funds from the country.
According to Sky, the date for closing will now be pushed back, with the takeover to be completed by the end of February.
The sale of Milan to a Chinese consortium could be delayed until February, with another €100m deposit to be paid in the meantime.
Sino-Europe Sports has agreed a deal to buy the Rossoneri from Silvio Berlusconi and his Fininvest holding company.
However, there appears to be no sign of the Chinese government authorising the necessary transfer of funds from the country.
According to Sky, the date for closing will now be pushed back, with the takeover to be completed by the end of February.
A further deposit of €100m is expected by December 13, to show the good faith of Sino-Europe and potentially provide the Diavolo with funds for the transfer market.