NEWS
Thursday April 13 2017
Capello: 'How strong are Milan owners?'

Former Milan Coach Fabio Capello is concerned after Silvio Berlusconi sold the club. “The new owners don’t seem strong enough to compete in Europe.”

Today’s closing ended a 31-year reign and started the new era under Yonghong Li and Han Li.

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NEWS
Thursday April 13 2017
New Milan chiefs to meet squad

Milan’s new owners Yonghong Li and Han Li will dine with Silvio Berlusconi tonight, then meet the squad and Coach Vincenzo Montella tomorrow.

The long-awaited takeover was completed today, as Berlusconi sold the club after 31 years at the helm.

This evening, Yonghong Li, Han Li, new directors Marco Fassone and Massimiliano Mirabelli will dine with Berlusconi at his Arcore residence.

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Thursday April 13 2017
Baresi: 'Right time for Milan sale'

Pippo Inzaghi is grateful to Silvio Berlusconi after the takeover, but Franco Baresi feels it was “the right time” for him to sell Milan.

Today Berlusconi officially sold the club to Chinese and American investors, headed by Yonghong Li, after 31 years.

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Thursday April 13 2017
Montella: ‘Epochal day for Milan’

Vincenzo Montella hails “an epochal day” for Milan after the sale of the club was finally completed.

The Rossoneri face their city rivals Inter on Saturday, and the Coach began his pre-match Press conference by talking about today’s announcement.

“If you’ll allow me, I’d like to start myself this time,” Montella told the assembled journalists.

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Thursday April 13 2017
Berlusconi: ‘Goodbye Milan’

Silvio Berlusconi bids an emotional farewell to Milan as the club needs “investment and resources a single family can no longer support”.

It was officially confirmed today that the now former Rossoneri President has sold the club to a Chinese group, and he posted a goodbye message on his official Facebook page.

“Today, after more than 30 years, I leave the position as President of AC Milan,” Berlusconi began.

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NEWS
Thursday April 13 2017
Five priorities for the new Milan owners

It was officially confirmed today that Milan have finally been sold to Yonghong Li and his Rossoneri Sport Investment consortium.

Silvio Berlusconi has sold the club after 31 years at the helm, a tenure which brought 29 major trophies, including five European Cups.

However, the last major triumph was the 2011 Scudetto win, so the Chinese owners have plenty of work to do.

Here are the priorities.

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Thursday April 13 2017
Li: ‘We'll bring Milan back’

New Milan owner Yonghong Li thanks Silvio Berlusconi after completing the takeover and promises “we’ll lead this legendary team back to the top”.

Rossoneri Sport Investment Lux finally completed their purchase of the club from Berlusconi’s holding company Fininvest today, paying a total of €830m.

“I thank Berlusconi and Fininvest for their trust and Rossoneri fans all over the world for their patience,” the new owner told sports.163.com.

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Thursday April 13 2017
Official: Berlusconi sells Milan

The takeover of Milan has officially been completed, with Silvio Berlusconi selling the club after 31 years.

A consortium led by Chinese businessman Yonghong Li has been attempting to buy the Rossoneri for some time, but the deal was hit by a series of delays.

However, after Sino-Europe Sports became Rossoneri Sport Luxembourg and received investment from an American hedge fund, a meeting was held this morning to ratify the sale.

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Thursday April 13 2017
Milan sale today

The takeover of Milan by a Chinese group is expected to finally be completed today.

Silvio Berlusconi has been trying to sell the club for some time, but the takeover by Yonghong Li’s consortium has been repeatedly delayed.

However, after investment from a US hedge fund it appears the takeover will now happen, and that today will be the historic day.

Corriere della Sera reports that the remaining €370m will be paid today, with the handover to take place at a law firm in central Milan.

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Wednesday April 12 2017
Milan board disbanded

The Milan Board of Directors have resigned after the final meeting of the Silvio Berlusconi era, as Yonghong Li’s takeover is almost complete.

This morning Yonghong Li flew in from Hong Kong, while Han Li had already been in Milan yesterday for meetings with new directors Marco Fassone and Massimiliano Mirabelli.

This afternoon the Milan Board of Directors had the last meeting of the 31-year Berlusconi era, in which the counsellors handed in their resignation.

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