Chinese investors create new firm to finalise purchase of AC Milan


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

ROME (Reuters) - Chinese investors set to buy AC Milan have created a new company structure in Luxembourg to finalise acquisition of the Serie A soccer club, a spokesman for the consortium said on Saturday.

Rossoneri Sport Investment Lux will replace the Chinese bidding group, identified by AC Milan's owners as Sino-Europe Sports Investment Management Changxing Co Ltd, the spokesman said in a statement, adding that the new entity was controlled by investor Li Yonghong.

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