Milan sale moves closer
00:01 UTC+8 April 13, 2017
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THE delayed sale of AC Milan moved a step closer to completion after the leader of the group buying the club arrived in the Italian city. Li Yonghong flew in yesterday to complete the purchase of Milan by Rossoneri Sport Investment Luxembourg. The transfer of the final 190 million euros (US$202 million) — in addition to the 250 million euro deposit already paid and the 180 million euros loaned by US fund Elliott Management — is expected to arrive, and the sale completed today.
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