NEWS
Monday March 13 2017
Third Milan deposit imminent?

Sino-Europe Sports’ third deposit for ownership of Milan is reportedly set to be paid either today and tomorrow.

According to Tuttomercatoweb, there are “great expectations” among the Milan hierarchy about the third instalment of €100m from the Chinese consortium.

The website explains these are “decisive hours” as the payment should stop “once and for all” the confusion surrounding SES’ purchase of the club.

This is primarily because SES will be granted an extension for its takeover, with closing now set for mid-April.

The investment fund, led by Chinese businessman Yonghong Li, has already put down two deposit payments of €100m.