AC Milan’s financial struggles have been the topic of interest as of late, and I Rossoneri are reportedly ready to wait until April 4 for Yonghong Li to provide the missing €10m before Elliott Management steps in.
According to Italian outlet Corriere della Sera, the deadline was meant to be on Friday for the Milan president to pay the missing €10m to complete the capital increase.
The report goes onto claim that the Board of Directors are willing to wait until no later than April 4 to see if Li can find the money, before hedge fund Elliott Management step in and effectively take over the club.