News Live Scores
Johor Darul Ta'zim

Malaysian linked with investment at Milan

1:29 PM IST 16/06/18
Tunku Ismail Sultan Ibrahim, Jorge Mendes, Joan Laporta
AC Milan's owner Li Yonghong is reportedly eyeing several key investors into the club which is rumoured to include a well-known Malaysian.

Li is on a tight deadline to find investors into the Italian giant after UEFA rejected both a voluntary agreement and a settlement agreement on Financial Fair Play.

The Chinese national is in doubt of his debt to Elliott Management, who can take over the club in October if they’re not repaid the money they invested in the takeover of Milan.

In three days' time, UEFA will decide if Milan can still participate in the 2018/19 Europa League campaign where the governing body will need to decide on the financial surroundings of the former Serie A champions.

As such, Li has been reportedly going around trying to offer shares to multiple individuals. One of them is rumoured to be HRH Tunku Ismail Sultan Ibrahim who is also the owner of Malaysian club, Johor Darul Ta'zim.

Tunku Ismail has previously stated his passion for Milan and that if he should ever invest in a European club, the 2007 Champions League would be high on his list.

Sky Sport Italia is reporting that super-agent Jorge Mendes is the one trying to negotiate the deal between the two parties as Li looks to increase his capital to €32m and cover the €303m loan owed to Elliott Management.

Mendes has previously been spotted in Johor Bahru where Tunku Ismail resides and both have stated a preference to create a working partnership in the future although that remains unknown whether it will be this investment into Milan.

Milan finished 6th in the Serie A in the 2017/18 season under the guidance of Gennaro Gattuso. They were knocked out of the Europa League in the last 16 by English club, Arsenal.