It’s reported the Chinese government could relax rules on foreign investment, allowing investors to join the Milan project.
Yonghong Li had led a consortium called Sino-Europe Sports to take over the Rossoneri, but the Beijing government imposed limitations on taking capital out of the country.
SES was therefore dissolved, with a new company, Rossoneri Sport Investment, formed to complete the takeover with the help of US hedge fund Elliott Management.
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