It is not yet known when, and above all to whom, but it now seems increasingly certain that Milan will be sold, and that it will somehow end up in Chinese hands. Fininvest has already denied the rumors reported during the day on what would be the most sensational and interesting operation, i.e. on the interest of none other than Jack Ma, owner of Alibaba, the e-commerce giant with a turnover of 4,36 billion dollars and which has already invested in football with a share of the Guangzhou Evergrande club and also of the Suning group, the one indicated as a possible future shareholder of Inter.
Still no denial however on the interest of the patron of Hutchison whampoa, another Chinese group, but it now seems certain that it will in any case be a consortium of Chinese entrepreneurs who will define the purchase of the majority stake in the Rossoneri company. The starting point, clearly lower than that of the negotiation that never took off with Bee Taechaubol (it valued 100% of Milan at 1 billion), is represented by the 500-550 million value of the Rossoneri club's equity, which closed 2015 with revenues of 221 million and a loss of 89 million. To this figure must be added the 240 million debts (188 million only towards banks and factoring companies), for a total valuation of 740-790 million. But, according to market sources close to the negotiations, the consortium of Chinese entrepreneurs has already made a commitment to invest the figure of 300-400 million on a multi-year basis. Therefore, overall the potential expenditure to acquire control of AC Milan could reach 1,2 billion, for 70-80% of the club's capital (in the previous negotiation the current owner had instead wanted to keep 51%).
Now the only thing missing is Silvio Berlusconi's yes, so far adamant on the transfer of the team that he has controlled and managed for 30 years, and with which he has won everything, in Italy and in the world. The unknown therefore remains that linked to the timing for the possible closing: if Silvio Berlusconi accepts the offer from an economic point of view, buyers and advisors will try to reach the signed by the date of the start of the summer transfer market for the 2016-2017 season (the championship will start on August 21st). And, therefore, presumably the negotiation could positively conclude in July. It is possible that Fininvest will initially remain in the capital with a minority stake (20-30%), even if the intention of the via Paleocapa holding is to definitively exit the football business and not repeat the Inter-Thohir-Moratti case , with the latter still a 29% shareholder.
