In view of the steady stream of rumours and indiscretions concerning the first stage of the transactions to sell AC Milan, Fininvest is compelled to forcefully reiterate the following issues:
- checks on the buyers’ financial soundness were based on the assessments made by our advisors on Chinese and international financial institutions and professionals;
- financial soundness has been proven by payment, made well ahead of schedule, of the 100 million Euro deposit by Sino-Europe Sports, which, as of today, has fulfilled all commitments taken, pursuant to the agreement signed in August;
- Fininvest and Sino-Europe Sports’ combined efforts to close the agreement, within the end of the year, are going well and in full cooperation.
- These, and only these, are the actual facts, beyond all speculations.