When in April the Chinese Sport Investment Group acquired Milan from Silvio Berlusconi, the company Yonhong Li borrowed the missing money from Americans - Elliott Management. Under the terms of the transaction, if within a year the loan (350 million euros) is not repaid, the Rossoneri management will pass to Elliott Management.
To hedge against unforeseen difficulties, the Chinese agreed with another American company, Highbridge, which will pay the debt on time - reported Corriere della Sera.
At the same time, Milan will have to pay 400 million euros for its financial "safety cushion" for five years.
If the "devils" violate the business plan agreed by all interested parties (which, by the way, includes the participation of the team in the European League, and not in the Champions League), they will have to pay an additional 100 million for additional risk.
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