Milan, there is the Evergrande Group

Do Not calm down the rumors and rumors about the negotiations for the sale of the chain led Milan to the Italian-American advisor Sal Galatioto with its GSP. As reported by Il Sole 24 Ore, between the members of the Beijing group that wants to invest in Milan there is also the Evergrande Group, which in recent weeks has risen recently to the forefront of financial news with the term "too big to fail ": this Chinese group has in fact been accused on several occasions by the" Wall Street Journal "to be very indebted. The Evergrande Group, however, is too big to fail, because behind him there is the Beijing government and the tycoon Cheng Yu-Tung.

MANY INTERESTS - But what is Evergrande Group? It is a conglomerate that divides his interests in construction, finance, banking and sports in this society has in fact half of the share capital of Guangzhou, while the other half of the Alibaba Group Jack Ma, also approached him to Milan in last days.

THE PLAN OF CHINESE - If the presence dell'Evergrande Group in the Chinese consortium that wants to AC Milan arrived confirmations, it now remains to understand who are the other three investors who are part of this consortium of Beijing that, under the direction of the advisor Sal Galatioto, is working to wrest yes Silvio Berlusconi. The Chinese are ready to put on the plate 600 million for 70% of the clubs via Aldo Rossi (excluding debt) with an option to buy the remaining 30% in three years. The investment plan also provides for even an initial amount of one hundred million, which would come in Milan in the capital increase, a figure necessary investment.
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