Chinese Investors Agree To Buy Whole Of Ac Milan Source

The deal is expected to be completed by the end of 2016, the source said.

Fininvest, the holding company of the Berlusconi family which owns AC Milan, entered exclusive talks with the consortium in May.

Sources have previously said the consortium’s offer for AC Milan values the club at between 700 million and 750 million euros ($834 million) including debt.

(Reporting by Valentina Za, editing by Silvia Aloisi)

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