Chinese consortium, led by Baidu, in talk of taking over AC Milan

[voxy28]

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Following China Xinhua NewsVerified account‏@XHNews
Chinese consortium, led by Baidu, in talk of taking over AC Milan 100% by 700-mln eruos: Italy media


Just tweeted so looks genuine from a state news.... Baidu means Milan will be flooded with cash. How I wish they pump those money into Spurs.

 

[zicomerc]

Bee Taechaubol from Thailand paid 485m euros for 48% last year, and then AC Milan were valued at 1 billion euros.

Unless I'm missing something does this mean AC Milan have devalued 300m euros since then?

http://www.goal.com/en/news/10/ital...2/14098462/taechaubol-completes-ac-milan-deal
http://en.people.cn/n3/2016/0419/c90000-9046251.html