The owner of AC Milan, Silvio Berlusoni, has been in negotiations with Galatioto Sports about the sale of the club. They are representing a Chinese consortium headed by Robin Lee, the sixth richest man in China.
The intial offer would be for 70 per cent of the shares and is believed to be €700m. The remaining 70 per cent would be acquired at a later date.
The owner of AC Milan, Silvio Berlusoni, has been in negotiations with Galatioto Sports about the sale of the club. They are representing a Chinese consortium headed by Robin Lee, the sixth richest man in China.
The intial offer would be for 70 per cent of the shares and is believed to be €700m. The remaining 70 per cent would be acquired at a later date.