Li Yonghong ( Chinese 李勇鸿 , September 16, 1969 [1] , Maoming , Guangdong , China ) is a Chinese businessman .
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Biography
Li's homeland is Maoming , Guangdong . However, his actual place of birth is unknown [2] .
The Chinese financial newspaper Shanghai Zhengcuan published an article about Li Yonghong. According to her, in the 90s, Li was at the center of a fraudulent scandal in China involving the deception of over 18 thousand depositors, whom he deceived by about 100 million. Two of his brothers hurriedly left China to avoid criminal punishment. In 2015, he created a financial company, thanks to which he was able to fraudulently withdraw 85 billion from the country [3] .
On August 5, 2016, Fininvest , managed by Marina Berlusconi ( Silvio's daughter), signed a preliminary contract for the sale of a 99.93% stake in Milan Football Club to Sino-Europe Sports Investment Management Changxing Co. Ltd. According to the document, the deal was supposed to take place in December, but this did not happen. Then the deadlines were postponed several more times and were confirmed on March 24, 2017. The club was acquired for 740 million euros. Of these, 220 million will be spent on paying off the club’s debts, and another 90 million will be paid for by Fininvest expenses through the postponed terms of the agreement. Buyers also confirmed their intention to improve the financial situation in the club [4] .
On April 13, 2017, Lee headed the Rossoneri Sport Investment Lux , thus fully completing the purchase of Milan and finally becoming its president [5] [6] [7] [8] [9] .
Lee was appointed to the post during a business meeting of the new owners of the "red-black", stating:
I thank Silvio Berlusconi for trust, fans - for patience. We have taken a key step towards the revival of Milan and are starting to build the future. We promise that we will return the legendary club to the top of world football.
- Lee Yonghong [10]
The club’s board was also updated, which included Han Lee, Lu Bo, Renshaw Hu, Roberto Capelli, Marco Fassone, Marco Patuano and Paolo Scaroni [11] .
Notes
- ↑ 行政 处罚 决定 书 ： 沪 ［2013］ 1 号 (unspecified) . China Securities Regulatory Commission (Shanghai Bureau) (November 29, 2013). Date of appeal April 13, 2017.
- ↑ 详 式 权益 变动 报告 书 (unopened) (inaccessible link) . Duolun . hosted by cninfo.com.cn (December 6, 2011). Date of treatment April 13, 2017. Archived on April 14, 2017.
- ↑ Who is Yonhon Lee?
- ↑ Milan sold to Chinese investors. What's happening?
- ↑ Official Berlusconi sells Milan . Football Italia (April 13, 2017). Date of appeal April 13, 2017. (English)
- ↑ Li: 'We'll bring Milan back' . Football Italia (April 13, 2017). Date of appeal April 13, 2017. (English)
- ↑ Comunicato congiunto Fininvest-Rossoneri Sport Inv.Lux - CLOSING AC MILAN . Fininvest (April 13, 2017). Date of appeal April 13, 2017. (Italian)
- ↑ Official: Yonghong Li new Milan president . Football Italia (April 14, 2017). Date of appeal April 14, 2017. (English)
- ↑ Li Yonghong became the new president of Milan after the purchase of the club by investors from China
- ↑ NEW MILANA PRESIDENT: "NOW WE ARE BEGINNING TO BUILD THE FUTURE"
- ↑ YONHON LEE - NEW PRESIDENT OF MILAN