AC Milan Delegation Flies To China To Finalize Bee Taechaubol's $542M Investment

A Fininvest delegation "is reportedly set to fly to China, to finalise Bee Taechaubol’s Milan investment," according to FOOTBALL ITALIA. The Thai property tycoon, commonly known as Bee, "has agreed a deal to acquire 48 per cent of the Rossoneri," with an investment of almost €500M ($542M). After the deal was initially agreed with President Silvio Berlusconi, it was supposed to be completed by Sept. 30, but "was then delayed until the end of November." Now Marco Bellinazzo of Sole 24 Ore is reporting that a delegation from Fininvest, the holding company of Milan founded by Berlusconi, "will fly to Shenzhen" on Thursday. The aim "is to close the deal within two weeks, with the possibility of new investors coming in to help" Bee raise the money (FOOTBALL ITALIA, 1/12).