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Old 26-04-2015, 12:38   #1
Hitman
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Default Chinese Consortium

Thought it would be right to open a topic for this consortium and not one for Mr. Richard Lee who is just a representative of this consortium. I saw a thread for Mr. Bee and thought the Chinese deserved one too so here goes.

Here's what we know so far:




Richard Lee

The above picture was from a game in mid-October. He was rumored to be in the San Siro to look for partnerships in Asia at that time. He came back three months later with some of the most powerful Chinese business men and also has the government of China invested in this consortium.

Here's a little bit about Richard Lee.

"A wealthy Hong Kong businessman known for importing luxury sports cars is reported to be heading a Chinese consortium bidding to take over Italian soccer giants AC Milan.

Richard Lee Man-fai has been in negotiations with club owner and two-time Italian prime minister Silvio Berlusconi as head of a group with close links to the Beijing government, the respected La Gazzetta dello Sport reported.

Lee, whose former company Auto Italia is the largest distributor of Ferrari and Maserati cars in China, was not available for comment. A long-time friend of Lee was unable to confirm the deal, but told the South China Morning Post the reports were highly plausible."



Now we shall talk about who are rumored to be in this consortium.


Zong Qinghou


With a net worth of $20.8 billion (source = Hurun, 2015) he is rumored to be the head of this consortium. He has publicly denied interest in Milan but rumors are still flying around that he's involved. His company, Wahaha, is one of the largest companies in the world in the beverage industry. He was the richest man in China in 2013 and second richest in 2014.




Mr. Pink


Rarely do people call him by his real name, Poe Qui Ying Wangsuo. His net worth is around $1 bn. He also is in the beverage industries and his company is making global strides in the energy drinks industry.




Xiao Wunan


He is the executive vice chairman of the Asia Pacific Exchange and Cooperation Foundation. The APECF are rumored to be one of the major players in this consortium and they are partly owned by the government. President of China, Xi Jinping, seems to have given his personal backing for this deal and wants it to happen.


The Chinese see Milan as an opportunity to improve the standard of football in China. They have always had larger than life ambitions and President Xi's latest ambition is not different - he wants China to host the World Cup and win it. If you went thirty years back and heard China say we want to become an important player in the economy of the world, we would've laughed at them and guess who's laughing thirty years later? Yep. They see Milan as a perfect opportunity to have a presence in Europe and China has been investing heavily in Italy in recent years, so this large investment in Italy wouldn't be a one-off or the first of it's kind. Milan for them is not just a football club that'll be treated like a fun project, no not at all. They see this deal as a very important step for the culture of the Chinese people, they have said that this deal is a lot more than just football. They recognize the opportunity they have in marketing this club in the far east and it could truly turn out to be as one of the best investments in recent history, if managed correctly.




Now I'll return to this pic, which in my opinion, will become legendary.



This picture says a lot when you read more into it.

Sitting to Silvio's right is Mr. Xiao Wunan, the vice president of the APECF. Sitting to his left is Mr. Pink. Standing on the far right of the picture is said to be one of the people under the CFO of Finninvest.

Just knowing that should be enough to know that something is really cooking. This picture was released a few months ago. These documents most likely for the due diligence phase which the Chinese consortium will take two months to analyze Milan's books and to study the opportunity and to come back with an offer.



Mr. Bee leads the other consortium which also consists of 80% Chinese and 20% Arab investors. They are expected to meet Berlusconi this week and present their final offers. This week Milan also had their board meeting where they have announced great losses in the balance sheet for the past year. We also have major news coming very soon regarding the land for the stadium.

Milan's future hinges on this week.
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Old 26-04-2015, 13:57   #2
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Good Post mate.Decent summary what had been happening over the last 2 months.
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Old 26-04-2015, 17:13   #3
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Nice one
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Old 26-04-2015, 18:19   #4
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didn't read, lol


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Old 26-04-2015, 18:24   #5
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is this not enough already

http://forum.acmilan-online.com/showthread.php?t=14536
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Old 26-04-2015, 21:38   #6
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Mauro Suma (Milan Channel): "Do not believe the information alleged gurus who think they know. The deal is solely in the hands of Silvio Berlusconi and no one can know all the details of the story. The feeling though is that the president has developed a direct channel with the Chinese."
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Old 27-04-2015, 05:36   #7
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we dont want the fake rich man like Thohir.... we want the real one.

im talking about kondogbia not washed up yaya toure.


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Old 27-04-2015, 07:55   #8
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What if they are all the same? Bee is the broker for the Chinese consortium and Richard Lee was there just to buy a villa from Silvio?


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Old 27-04-2015, 08:59   #9
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i dont care who will took over.

all we care is no more Bosmans for milan


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Old 27-04-2015, 09:16   #10
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Quote:
Originally Posted by joyrider View Post
tbh this beat that..
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Old 27-04-2015, 10:29   #11
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Yesterday, a spokesman for the consortium said: "The only representatives of the consortium delegates to deal with Fininvest entrepreneur Richard Lee of Hong Kong and some members of APEC Foundation (Asia-Pacific Economic Cooperation). We have a letter of Fininvest in the ad stating that the Chinese side for the negotiations take place through the Apec Foundation: it is absolutely false that Mr. Fu Yixiang is part of our consortium. "

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Originally Posted by necromancer View Post
What if they are all the same? Bee is the broker for the Chinese consortium and Richard Lee was there just to buy a villa from Silvio?
That can be excluded by now.

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Old 27-04-2015, 11:54   #12
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Quote:
Originally Posted by Hitman View Post
Thought it would be right to open a topic for this consortium and not one for Mr. Richard Lee who is just a representative of this consortium. I saw a thread for Mr. Bee and thought the Chinese deserved one too so here goes.

Here's what we know so far:




Richard Lee

The above picture was from a game in mid-October. He was rumored to be in the San Siro to look for partnerships in Asia at that time. He came back three months later with some of the most powerful Chinese business men and also has the government of China invested in this consortium.

Here's a little bit about Richard Lee.

"A wealthy Hong Kong businessman known for importing luxury sports cars is reported to be heading a Chinese consortium bidding to take over Italian soccer giants AC Milan.

Richard Lee Man-fai has been in negotiations with club owner and two-time Italian prime minister Silvio Berlusconi as head of a group with close links to the Beijing government, the respected La Gazzetta dello Sport reported.

Lee, whose former company Auto Italia is the largest distributor of Ferrari and Maserati cars in China, was not available for comment. A long-time friend of Lee was unable to confirm the deal, but told the South China Morning Post the reports were highly plausible."



Now we shall talk about who are rumored to be in this consortium.


Zong Qinghou


With a net worth of $20.8 billion (source = Hurun, 2015) he is rumored to be the head of this consortium. He has publicly denied interest in Milan but rumors are still flying around that he's involved. His company, Wahaha, is one of the largest companies in the world in the beverage industry. He was the richest man in China in 2013 and second richest in 2014.




Mr. Pink


Rarely do people call him by his real name, Poe Qui Ying Wangsuo. His net worth is around $1 bn. He also is in the beverage industries and his company is making global strides in the energy drinks industry.




Xiao Wunan


He is the executive vice chairman of the Asia Pacific Exchange and Cooperation Foundation. The APECF are rumored to be one of the major players in this consortium and they are partly owned by the government. President of China, Xi Jinping, seems to have given his personal backing for this deal and wants it to happen.


The Chinese see Milan as an opportunity to improve the standard of football in China. They have always had larger than life ambitions and President Xi's latest ambition is not different - he wants China to host the World Cup and win it. If you went thirty years back and heard China say we want to become an important player in the economy of the world, we would've laughed at them and guess who's laughing thirty years later? Yep. They see Milan as a perfect opportunity to have a presence in Europe and China has been investing heavily in Italy in recent years, so this large investment in Italy wouldn't be a one-off or the first of it's kind. Milan for them is not just a football club that'll be treated like a fun project, no not at all. They see this deal as a very important step for the culture of the Chinese people, they have said that this deal is a lot more than just football. They recognize the opportunity they have in marketing this club in the far east and it could truly turn out to be as one of the best investments in recent history, if managed correctly.




Now I'll return to this pic, which in my opinion, will become legendary.



This picture says a lot when you read more into it.

Sitting to Silvio's right is Mr. Xiao Wunan, the vice president of the APECF. Sitting to his left is Mr. Pink. Standing on the far right of the picture is said to be one of the people under the CFO of Finninvest.

Just knowing that should be enough to know that something is really cooking. This picture was released a few months ago. These documents most likely for the due diligence phase which the Chinese consortium will take two months to analyze Milan's books and to study the opportunity and to come back with an offer.



Mr. Bee leads the other consortium which also consists of 80% Chinese and 20% Arab investors. They are expected to meet Berlusconi this week and present their final offers. This week Milan also had their board meeting where they have announced great losses in the balance sheet for the past year. We also have major news coming very soon regarding the land for the stadium.

Milan's future hinges on this week.
Strengthen cultural cooperation and promote the Sino-Italian relations to a new level

(Source: www.xinhuanet.com) - An APECF delegation led by executive vice chairman Xiao Wunan met former Italian Prime Minister Silvio Berlusconi at the International University for Liberty on March 9, 2015. They had comprehensive and in-depth discussions and reached consensus on the areas of cooperation including education, media, sports and health. They signed an MOU.


Mr. Berlusconi is a senior Italian politician. He served three terms as Italian Prime Minister, was once President of the European Commission and successfully promoted the G8 Summit. He is referred to as one of the three most influential people in the world along with Mr. Vladimir Putin and Mr. Barack Obama. Mr. Berlusconi has worldwide influence and a legendary life experience, making great advances in the areas of business, media, sports, etc. He was ranked No. 1 in Italy's Fortune List for years, founding and leading many world class media groups, leading and managing the AC Milan football club to become the most successful and influential football club in history.

The Asia Pacific Exchange & Cooperation Foundation is a non-profit organization founded by dignitaries, renowned scholars, social activists, internationally influential entrepreneurs and think tank researchers in the Asia-Pacific region. The foundation has engaged in extensive and constructive communication and cooperation with many governments and other organizations in the region. The foundation aims to create a platform for open dialogue and a consultation mechanism to promote regional exchanges, cooperation and resolution of disputes. Moreover, the foundation seeks to achieve the revival of eastern civilization in today's fast changing world by utilizing its influence, creativity and action, as well as through public diplomacy, strategic research and public service, in an effort to promote world peace and the well-being of all mankind. In recent years APECF has promoted bilateral relations between China and Italy. For example, Chinese Premier Li Keqiang and Italian Prime Minister Matteo Renzi attended the China-Italy Economic and Trade Forum at the Great Hall of the People in Beijing on June 11, 2014 where China's Minister of Commerce Gao Hucheng and Italian Minister of Economic Development Federica Guidi witnessed the signing of an agreement to launch the China-Italy Center. On October 16, the China-Italy Science and Technology Innovation Week opened at the Polytechnic University of Milan. It was co-hosted by China's Ministry of Science and Technology and the Italian Ministry of Education, Universities and Research. The Chinese Premier and the Italian Prime Minister attended the event and delivered speeches. APECF and many institutions signed an MOU to set up the China-Italy Fund.

APECF delegation accompanied by organizers tour the Expo Milano 2015 Aquae Venezia.

Contact between China and Italy has had a long history, The traditional friendship between the two countries dates back centuries with bilateral relations enjoying stability for a long period of time, Italy has served as a bridge of cooperation between China and Europe. APECF has promoted Sino-Italian cooperation to a new level due to the interaction with former Italian Prime Minister Silvio Berlusconi.ss


During its visit, the APECF delegation toured the "Expo Milano 2015 Aquae Venezia" under construction in the city of Venice. The director of Aquae Venezia accompanied the APECF delegation, briefed the delegation on the construction progress and invited APECF to comprehensively join in the management of the Aquae Venezia. They had broad discussions on relevant matters and reached many consensuses.
http://www.apecf.org/en/foundationnews/20150309-1.html

Last edited by whiskey; 27-04-2015 at 11:57.
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Old 27-04-2015, 15:31   #13
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Quote:
Originally Posted by Kasoka View Post
That can be excluded by now.
Yes, probably.


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Old 27-04-2015, 15:35   #14
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Regarding historic connections between China and Italy, I heard somewhere that Italian Pasta and Chinese Noodles come from same shared historic link somewhere. Either the Italian copied from the Chinese or vice versa.
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Old 27-04-2015, 15:39   #15
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^Old legend that keeps getting refuted - that Marco Polo brought back pasta from China. No certain way to be sure.


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Old 05-05-2015, 11:04   #16
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milannews.it report (from GdS) :

Official - Transfer of Milan, here's the plan of the Chinese: to fund up to 70% in four years. There would also be roped in an Italian
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Old 01-12-2015, 17:32   #17
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dem yuans

Quote:
City Football Group (CFG) today announced a partnership with a consortium of high profile Chinese institutional investors led by China?s leading media, entertainment, sports and internet dedicated investment and operating company CMC (China Media Capital) Holdings.

The deal will create an unprecedented platform for the growth of CFG clubs and companies in China and internationally, borne out of CFG?s ability to provide a wealth of industry expertise and resources to the rapidly developing Chinese football industry.

The agreement will see the consortium of CMC Holdings and CITIC Capital invest US$400 million to take a shareholding in City Football Group of just over 13%. The deal values the group at US$3 billion.

The agreement is subject to regulatory approval in some territories.

The announcement follows more than six months of discussions among the parties to find the optimum model and associated strategies for the partnership.

The capital from the share acquisition will be used by City Football Group to fund its China growth, further CFG international business expansion opportunities and further develop CFG infrastructure assets.

The CFG/CMC partnership is predicated on the opportunity to create new value for CFG in China and beyond by working with CMC, CITIC Capital and the Chinese football industry.

To that end, CMC and CITIC Capital representatives and CFG executives have already been working together, along with third parties, to identify and implement China-based initiatives for the CFG portfolio of clubs and companies.

The deal will see new shares issued in City Football Group in addition to the ones held by the Abu Dhabi United Group (ADUG), the investment and development company privately owned by His Highness Sheikh Mansour bin Zayed Al Nahyan, and prior to this transaction the sole shareholder of City Football Group.

CMC will represent the consortium at Board level with Mr. Ruigang Li, the Chairman of CMC becoming a member of the City Football Group Holding Company Board - which as a result of the agreement, will increase from six to seven members.

Speaking about the partnership, Khaldoon Al Mubarak, Chairman of City Football Group said: ?Football is the most loved, played and watched sport in the world and in China, the exponential growth pathway for the game is both unique and hugely exciting.

"We have therefore worked hard to find the right partners and to create the right deal structure to leverage the incredible potential that exists in China, both for CFG and for football at large.?

He continued: ?Our partners have an incredible track record of creating value and could not be better placed to help us further evolve City Football Group. Our belief is that we now have an unrivalled platform to grow CFG, our clubs and companies both in China and internationally and we will be working hard with our new partners to realise the potential that this deal creates.?

On behalf of the investing consortium, CMC Chairman Ruigang Li said?Football is now at a fascinating and critical stage of development in China.

"We see unprecedented growth opportunities in both its development as an industry, being China's most watched sport, and its inspirational role bringing people of all ages together with a shared passion.

CMC has long been dedicated to creating opportunities that facilitate positive developments in Chinese football from different aspects within the ecosystem.

"With its unique business model and distinct successes, City Football Group, whom we have come to know well, represents a differentiated systematic approach to building a global platform for football know-how, player development, academy programmes and commercial partnerships that will benefit China's football industry on multiple levels.


"We and our consortium partner CITIC Capital also see this investment as a prime opportunity for furthering the contribution of China to the global football family.?
http://www.mcfc.co.uk/News/Club-news...015/1448953247


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Old 13-04-2016, 22:46   #18
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Bump


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Old 13-04-2016, 23:07   #19
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Cheelan?


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Old 14-04-2016, 07:16   #20
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This club needs some good ol commie power

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