Yonghong

Views and opinions, expressed in the article are those of Dai Yonghong and do not necessarily reflect those of Sputnik.

AC Milan president Li Yonghong has blasted Italian media reports claiming Italian prosecutors had opened an investigation into whether the deal to sell the club last year was inflated for money-laundering purposes.

MILAN: AC Milan owner Li Yonghong has dismissed reports that he has been declared bankrupt in China as “fake news”.