Did AC Milan score with Chinese ownership?

Protracted negotiations and the final sale of AC Milan to a murky consortium of Chinese buyers will finally reach fruition in mid-February, according to published reports in Italy, drawing to close a two-year saga that left local fans perplexed.

Following a deal signed last summer, a varied and mysterious mix of buyers has been reported, all with ties to China in one form or another. Tranches of deposit money and operating capital for the storied football club began arriving in early fall.

The €800 million transaction was originally set to conclude on June 15, but as summer turned to autumn and then winter, one deadline after another passed. It is now supposed to be finalized within a month.

Current owner Silvio Berlusconi and his team at Fininvest might have considered the sale maddeningly difficult, but it could be just the beginning. The Chinese can be slow, changeable and confusing in their approach to management.

Read the rest of the story at our English-language news portal for Italy.

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