Milan city council requests clarity over AC Milan's Chinese owners

ACMILAN-M-A-CHINA-MILAN:Milan city council requests clarity over AC Milan's Chinese owners

MILAN ( Reuters) - An anti-Mafia official at Milan's city council has asked to know the identities of Chinese investors who recently bought soccer club AC Milan, and says town hall will notify anti-money laundering authorities if it does not get answers.

In August, former Prime Minister Silvio Berlusconi signed a preliminary deal to sell the Serie A club to a group of Chinese led by investment fund Haixia Capital and entrepreneur Yonghong Li. But the full make-up of the consortium was not disclosed.

David Gentili, a politician from the centre-left Democratic Party who heads the council's anti-Mafia commission, told reporters on Wednesday that the council had a duty to request information about the investors.

He said that if the information was not be disclosed, his commission would notify the Bank of Italy's unit responsible for fighting money-laundering.

($1 = 0.9350 euros)

(Reporting by Elvira Pollina; Writing by Giulia Segreti; Editing by Mark Bendeich)

(This story has not been edited by economictimes.com and is auto–generated from a syndicated feed we subscribe to.)
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