Chinese buyers set to finalise AC Milan deal March 3 - sources

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

MILAN (Reuters) - The sale of prized Italian soccer team AC Milan to a group of Chinese investors is set to be finalised on March 3, two sources close to the matter said on Tuesday, in what would be the biggest Chinese investment in a European club.

The deal, valuing the club at 740 million euros ($818 million) including 220 million euros of debt, was originally supposed to close at the end of last year but the Chinese buyers struggled to get final approval from Beijing.