Sino-Europe Sports could deposit the €320m for their Milan takeover next week, according to reports.

The Chinese consortium is in the process of buying the Rossoneri from Silvio Berlusconi and his Fininvest holding company, but final sale has been repeatedly delayed.

After hoping to complete a deal before the end of 2016, the latest deadline has been set for March 3 and Corriere della Sera says the payment of €320m is expected to arrive next week.

Sino-Europe Sports could deposit the €320m for their Milan takeover next week, according to reports.

The Chinese consortium is in the process of buying the Rossoneri from Silvio Berlusconi and his Fininvest holding company, but final sale has been repeatedly delayed.

After hoping to complete a deal before the end of 2016, the latest deadline has been set for March 3 and Corriere della Sera says the payment of €320m is expected to arrive next week.

Once the funds have arrive, Berlusconi can call a shareholders’ meeting to officially sanction the sale.

The delay has seen Milan hampered on the transfer market for the last two windows, with only loan signings arriving in January.

Bygaby

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