AC Milan soccer team sold to Chinese

Milan • The takeover of AC Milan was completed Thursday, with Silvio Berlusconi selling the club to a Chinese consortium after 31 years in charge. The group, led by Chinese businessman Yonghong Li, has been attempting to buy Milan for some time but the deal has hit a series of delays and the sale has been postponed twice. “I thank Berlusconi and Fininvest for their trust and the fans for their patience, from today we will build the future,” Li said. Berlusconi’s holding company, Fininvest, relea...

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