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Chinese group to buy AC Milan in 'six to eight weeks'

Related Topics: A.C. Milan, Silvio Berlusconi

Silvio Berlusconi could sell AC Milan to a Chinese group as early as next month, an adviser in the deal has claimed.

AC Milan could be sold to a Chinese consortium in "six to eight weeks," according to financial broker Salvatore Galatioto.

Thai businessman Bee Taechaubol has long been in talks regarding a takeover of the club but negotiations have hit stumbling blocks during recent months.

Club president Silvio Berlusconi was reported last month to have issued an ultimatum to "Mr. Bee" — who is claimed to have struggled to attract investors since the damage suffered by the Chinese stock market — informing him he must table a bid by the end of the season.