Thursday June 21 2018
Milan majority could be sold

It’s reported a new investor could take over a majority shareholding in Milan, reducing Yonghong Li to a minority owner.

Rossoneri CEO Marco Fassone was in London yesterday to meet with potential investors, as the club awaits UEFA’s Financial Fair Play verdict.

This morning’s Corriere della Sera reports there is great optimism about a new investor in the club, and the new person could even take a majority share.

The potential new board member wanted to learn more about all aspects of the club, particularly commercial revenues, so Han Li and chief commercial officer Lorenzo Giorgetti accompanied Fassone to London.

According to the newspaper there are two potential investors, both American, and their investment could be used as part of any appeal to the Court of Arbitration for Sport if Milan are thrown out of Europe.

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