Hisense Named Official Partner of FIFA Club World Cup 2025
01 Nov 2024 16:40
Bee Taechaubol’s bid to gain control of AC Milan is in doubt after it has emerged that Silvio Berlusconi is unconvinced with the Thai businessman’s proposals regarding the Rossoneri and that he now favours the Chinese consortium fronted by Richard Lee.
Mr. Bee, whose bid is funded by controversial investment firm Doyen Sport, departed Milan on Monday confident that he would be able to wrap up a deal within four weeks but it now appears that the 42-year-old’s optimism may have been misplaced.
Corriere della Sera reports that Berlusconi does not view Taechaubol’s bid as in the best interests of the long term future of Milan and that he will now put all of his efforts into finding an agreement with the Chinese investors who he believes will be able to provide more secure long-term funding for the club.
Moreover, it is understood that the 78-year-old former Italian prime minister is unhappy with Mr. Bee’s attitude, in particular the presumptuousness with which he asserted he would have control of the club by the end of the month.
It is believed that the Chinese investors have the backing of the government in Beijing and would therefore have far greater financial muscle than that of their Thai rival.
The United States Tops Skema Publika's First Annual Sport and Soft Power Ranking
27 Mar 2025 14:05
When New tournaments Meets New Tech, the Old Friend of Football Has New Stories
14 Jul 2025 12:36
Related coverage
Chinese magnates’ aggressive expansion into European soccer world
01 Jun 2016
Li Ruigang of CMC: CFG is a good property to invest in
02 Dec 2015
Jack Ma-backed China sports video service seeks $3 billion value
31 Jul 2015
IDG to take 20% OL stake for €100m
15 Aug 2016
General Administration of Sport of China to give up ownership of CSIG
14 Nov 2016
More from Yutang Sports
SPORTACCORD confirms Istanbul as Host City for 2025 Convention
13 Mar 2025
When New tournaments Meets New Tech, the Old Friend of Football Has New Stories
14 Jul 2025
The United States Tops Skema Publika's First Annual Sport and Soft Power Ranking
27 Mar 2025
Hisense Named Official Partner of FIFA Club World Cup 2025
01 Nov 2024
Yutang Sports
loading...