China blacklists former AC Milan owner over unpaid debt
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China blacklists former AC Milan owner over unpaid debt.Beijing (AFP) - The former Chinese owner of AC Milan has been added to China's blacklist of untrustworthy individuals over millions of dollars in unpaid debt, according to a local court, which ordered that his passport be confiscated.Li Yonghong...
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Li Yonghong purchased AC Milan from former Italian prime minister Silvio Berlusconi in 2017 but this summer a creditor took over the club after Li was unable to repay loans © AFP/File MIGUEL MEDINA