Thursday January 10 2019
Milan want Li answers

Milan have reportedly requested assistance from China over Yonghong Li’s business affairs ahead of meeting UEFA on Friday.

According to ANSA, Milan have sent a letters rogatory, asking for the Chinese courts to help them piece together how Li funded his 2017 takeover.

Silvio Berlusconi agreed to sell the Rossoneri for €740m to the businessman, but it later emerged that he borrowed €303m from Elliott Management, which replaced him as the club’s owner after he defaulted on the loan., meanwhile, claims the Diavolo will hold informal talks with UEFA in Nyon tomorrow.

The website explains there is ‘maximum serenity’ on Milan’s part as their board look to soften UEFA’s position on their finances.

The governing body told them to break even by 2021 or have their European ban restored, but Elliott would be of the opinion that it needs three more years to restructure the club.

In the meantime Milan have contested UEFA’s punishment by appealing through the Court of Arbitration for Sport (CAS), with a verdict expected next month.

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