It’s reported Rocco Commisso has given a 48-hour deadline to accept his offer for Milan, but Yonghong Li is waiting for Thomas Ricketts.
The New York Cosmos owner has made an offer to buy the club, believed to be around €500m plus a guarantee to cover the debt to Elliott Management.
However, he has no interest in entering into a bidding war and both Gazzetta dello Sport and Il Sole 24 Ore warn he’s given a 48-hour deadline.
It’s reported Rocco Commisso has given a 48-hour deadline to accept his offer for Milan, but Yonghong Li is waiting for Thomas Ricketts.
The New York Cosmos owner has made an offer to buy the club, believed to be around €500m plus a guarantee to cover the debt to Elliott Management.
However, he has no interest in entering into a bidding war and both Gazzetta dello Sport and Il Sole 24 Ore warn he’s given a 48-hour deadline.
The latter reports that Commisso’s offer would see Li retain 30 per cent of the shareholding, but the current owner is stalling.
The Chinese businessman is waiting for an offer for the Ricketts family, who own the Chicago Cubs, which could arrive in the next few days.