The sale of prized Italian soccer team AC Milan to a group of Chinese investors is set to be finalised on March 3, two sources close to the matter said on Tuesday, in what would be the biggest Chinese investment in a European club. Former Italian prime minister Silvio Berlusconi agreed in August to sell one of his most cherished assets to an investment vehicle called Sino-Europe Sports Investment Management Changxing (SES), backed by Haixa Capital and entrepreneur Yonghong Li. The investors are due to pay Berlusconi the outstanding 320 million euros and are also expected to inject a further 100 million euros into the team, as initially agreed in August, the two sources said.
Controversial striker Mario Balotelli has shown few signs of wanting to fight his way back into the national side, Italy coach Gian Piero Ventura warned on Wednesday. Balotelli last played for Italy at their ill-fated 2014 World Cup campaign, but his international and club career have been in a tailspin since then. It prompted Ventura to offer Balotelli a way back last month, the coach pledging a face-to-face meeting to "discuss" behavioural problems.
they’re clearly not shy about throwing some cash at the forthcoming Chinese Super League season. Axel Witsel (£300,000 a week) has taken up one of their overseas player spots and Alexandre Pato (£15m transfer fee – lolz) is in the second, which means there is one golden ticket left for another footballer willing to prioritise money over their footballing legacy. Will it be Rooney?