Italy: AC Milan become Chinese, acquired for €740m by Rossoneri Sport Investment Lux of Yonghong Li
"Fininvest has completed the sale of the entire stake owned in AC Milan - equal to 99.93% - to Rossoneri Sport Investment Lux. The closing is the last step of the purchase agreement signed on 05/082016 and renewed on 24/03/2017 by Fininvest CEO Danilo Pellegrino and David Han Li, as a representative of Rossoneri Sport Investment Lux," announced...
