Monday February 26 2018
Fassone: ‘No issue with Li finances’

Milan CEO Marco Fassone assures “the accounts presented to us have always been in order”, amid rumours about Yonghong Li’s financial situation.

The Chinese businessman bought the Rossoneri from Silvio Berlusconi in April last year, but needed a loan from hedge fund Elliott Management to complete the deal.

Ever since there have been rumours about his actual wealth, with Li forced to deny rumours that one of his companies filed for bankruptcy.

“I have to be very careful in managing Milan,” Fassone explained on Radio Anch’io Sport.

“I’ve noticed that there’s a kind of clockwork fury which is very different from Italian owners. Li is a Chinese businessman, who manages his business very differently from Italians.

“He’s present and has invested incredible sums, he never leaves us wanting for anything. I cross my fingers and hope things can continue like this.

“I’m not lacking either in support or other things. He’s a President who is China and who manages a number of important businesses.

“The accounts presented to us have always been in order and I hope that can continue.”

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