Milan are reportedly ready to wait until April 4 for Yonghong Li to provide the missing €10m before Elliott Management steps in.
The deadline was yesterday for the Chinese patron to pay the remaining €10m and increase the capital, but there was no sign of the money.
According to the Corriere della Sera, the club’s Board of Directors has decided to wait until April 4 to see if Yonghong Li is able to put together the cash or find a new bank bond.
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