AC Milan is in an unenviable situation due to financial problems surrounding the club’s owner, Chinese businessperson Li Yonghong, who has declared the bankruptcy of one of his biggest companies in China. Italy’s Corriere dello Sport newspaper confirmed that the packaging company owned by the Chinese businessperson has been offered for sale because of its …
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The 57-year-old has coached some of Europe’s biggest clubs, including Real Madrid, Chelsea and AC Milan. Speaking at his official introduction, Ancelotti said winning the Champions League won’t be easy.