MILAN NEWS - As revealed today's edition of the newspaper Il Messaggero, the money of the Chinese consortium represented Italian-American advisor Sal Galatioto are there and are deposited in the London office of an Oriental Institute. Now we look for the guarantee that they can pass on the current account of an Italian bank. Standards are prescribed by law on anti-money laundering to accent that the money is clean and free of illicit origin.
This would be the last obstacle to the signing of an exclusive contract between Fininvest and Asian buyers represented by Galatioto Sports Partners. Silvio Berlusconi seems willing to say yes to exclusively deal with these subjects the sale of 70% of the shares of the Milan based on a rough estimate of 650 million euro, minus debts (80).
But then it is hard to say whether, once the first phase, the president will give the final green light to the sale of the club. The children Marina and Pier Silvio long been pushing for the sale. The father is still considering. Meanwhile Galatioto presented a plan for the future listing of AC Milan in the Hong Kong Stock Exchange and perhaps also in that of Milan, as well as a project linked to the development of the brand and merchandising in Asia.
The exclusive contract does not provide for criminal, then the parties may draw back without having to pay anything. Fininvest This request was accepted by the Chinese, who once received the ok start with due diligence in order to verify further all the financial data of the deal in detail. The Messenger, unlike the Corriere dello Sport says that the club during the month in question may make negotiations. The only obligation is to keep informed potential buyers.
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