Ac Milan and Chinese Investors

deal: The deal was originally expected to close on Tuesday, but the consortium, backed by Haixia Capital and entrepreneur Li Yonghong, was reportedly struggling to get approval from the government for the deal, according to Global Times China. Last week, the Chinese investors and the holding company of former Italian prime minister Silvio Berlusconi, which owns AC Milan, agreed to postpone the closing of the deal to March 3, but the consortium was asked to pay the second deposit on top of another 100 million euros it had already committed. (news.financializer.com). As reported in the news.