ac milan: Conditions of the contract have not been met so the closing cannot happen today as initially planned, Milan vice president Adriano Galliani said at a shareholders' meeting, according to The Japan Times. Fininvest points out, however, that it is evaluating the possibility of drawing up an agreement to give up its ownership of AC Milan soon. The completion of the deal was originally scheduled for December, but Silvio Berlusconi's holding company Fininvest and Sino-Europe Sports agreed to a three-month delay, postponing the closing to Friday. The new date is expected to be March 31. Berlusconi, who purchased Milan 31 years ago, has been negotiating for more than a year to sell the Serie A club. The deal with Sino-Europe values Milan at 740 million about 800 million . The investors have already paid 200 million as a deposit.
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