The AC Milan logo is pictured on a pennant in a soccer store in downtown Milan, Italy April 29, 2015. REUTERS/Stefano Rellandini/File Photo
SHANGHAI (Reuters) - Chinese investors are close to agreeing an 80 percent stake buy in football club in AC Milan and will acquire the remaining 20 percent in the next two to three years, the China Daily newspaper reported on Friday.
"Two parties are discussing the 80 percent takeover by the Chinese investors and the negotiations are still continuing," the newspaper quoted an unidentified person familiar with the talks as saying.
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