Li Yonghong lost control of AC Milan in July when he failed to repay a loan from a hedge fund that had enabled him to buy the club. Photo: AP

Chinese court blacklists former AC Milan owner Li Yonghong over US$10 million debts

Downfall of the man who bought one of football’s biggest clubs from Silvio Berlusconi continues as court finds no assets to repay creditor

Topic |   Law

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Li Yonghong lost control of AC Milan in July when he failed to repay a loan from a hedge fund that had enabled him to buy the club. Photo: AP
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