Football

AC Milan deal closing postponed to March 3

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 closing of the deal for the acquisition of Italian soccer club AC Milan will be postponed to March 3, the holding company of former prime minister Silvio Berlusconi and the Chinese consortium seeking to buy the team said in a joint statement.

The statement on Wednesday confirms what sources told Reuters earlier this month.

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