Yonghong Li Ac Milan. Thu apr 13 2017 1 46 pm. Sat jun 04 2016 11 25 pm.
Reports claim he is unable to pay back high interest loan taken from hedge. Li took over the club in the summer of 2017 and lost it in about a year when he defaulted on his loan with elliot management who seized the club thereafter. Milan as well as his stock market transactions in the mainland china.
Li yonghong was born in guantang village daqiao town huazhou maoming guangdong province.
Calcio e finanza are reporting that former ac milan owner yonghong li will have a run in with creditors over a loan he took out to buy the club back in 2017. Sat jun 04 2016 11 25 pm. Rossoneri sport investment lux led by yonghong li finally completed their purchase of a 99 9 per cent stake in milan after seeing a closure on an agreement persistently pushed back. At the time the public narrative blamed almost everything on the chinese investor yonghong.
