It’s reported Milan owner Yonghong Li must provide €10m for a capital increase by Monday, or risk losing the club.
The Chinese businessman has pledged €60m to the club to help with running costs, but the previous payment was late.
U.S hedge fund Elliott Management provided both the club and the owner with the capital to complete the takeover, and can take over if they aren’t repaid by October.
Watch Serie A live in the UK on Premier Sports for just £11.99 per month including live LaLiga, Eredivisie, Scottish Cup Football and more. Visit: https://subscribe.premiersports.tv/