Chinese investors looking to postpone closing of AC Milan deal


  • Football
  • Wednesday, 01 Mar 2017

MILAN (Reuters) - The Chinese buyers that committed to the acquisition of prized Italian soccer club AC Milan are looking to further postpone the closing of the deal, two sources close to the matter told Reuters on Tuesday.

The accord, valuing the club at 740 million euros (632.22 million pounds) including 220 million euros of debt, was originally supposed to close at the end of last year but was then pushed to March 3 as the Chinese buyers struggled to get final approval from Beijing.

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