AC Milan's Overall Deal with Chinese Investors Worth 1 Bln Euros

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15 April 2017 09:56 WIB

From left, David Han Li, Yonghong Li, and Marco Fassone, pose with AC Milan jerseys during a press conference to illustrate takeover of AC Milan soccer club by a Chinese consortium, in Milan, Italy, Friday, April 14, 2017. The overall deal for the sale of soccer club AC Milan to a Chinese-led consortium is worth 1 billion euros ($1.06 billion), the club's CEO designate Marco Fassone said on Friday. AP/Antonio Calanni

15 April 2017 00:00 WIB

David Han Li and Yonghong Li arrives for a news conference in Milan, Italy, April 14, 2017. The Chinese investors are paying 740 million euros for the club, including debt. On top of that, 100 million euros would be paid to cover management costs in the run-up to the closing of the deal, while around 160 million euros would be invested in the club, Fassone told a press conference presenting the agreement. REUTERS/Alessandro Garofalo

15 April 2017 00:00 WIB

Chinese businessman Yonghong Li speaks during a press conference to illustrate takeover of AC Milan soccer club by a Chinese consortium, in Milan, Italy, Friday, April 14, 2017. A new era began at AC Milan on Thursday after the sale of Italy's most successful club to a Chinese-led consortium ended Silvio Berlusconi's 31 years in charge. AP/Antonio Calanni

15 April 2017 00:00 WIB

Chinese businessman Yonghong Li poses with an AC Milan jersey with his name during a press conference to illustrate takeover of AC Milan soccer club by a Chinese consortium, in Milan, Italy, Friday, April 14, 2017. A new era began at AC Milan on Thursday after the sale of Italy's most successful club to a Chinese-led consortium ended Silvio Berlusconi's 31 years in charge. AP/Antonio Calanni

15 April 2017 00:00 WIB

Yonghong Li holds a AC Milan jersey next to Marco Fassone and David Han Li before a news conference in Milan, Italy, April 14, 2017. The Chinese investors are paying 740 million euros for the club, including debt. On top of that, 100 million euros would be paid to cover management costs in the run-up to the closing of the deal, while around 160 million euros would be invested in the club, Fassone told a press conference presenting the agreement. REUTERS/Alessandro Garofalo

15 April 2017 00:00 WIB

David Han Li, Yonghong Li shows a AC Milan jersey during a news conference in Milan, Italy, April 14, 2017. The overall deal for the sale of soccer club AC Milan to a Chinese-led consortium is worth 1 billion euros ($1.06 billion), the club's CEO designate Marco Fassone said on Friday. REUTERS/Alessandro Garofalo

15 April 2017 00:00 WIB