According to Italian news source Football Italia, documents regarding the takeover of Serie A outfit AC Milan have been passed to the Bank of Italy with the aim of having the source of funds verified.
Sino-Europe Sports have already handed over two installments of
Fininvest, an Italian holding company owned by the Berlusconi family, have confirmed that the deal is to be closed by April 14, while
Silvio Berlusconi’s lawyer, Niccolò Ghedini, handed over documents detailing the origins to a Milan prosecutor over a week ago. These documents were then passed to the Bank of Italy for further scrutiny, in order to ensure that the funds did not come from illicit sources.
This is said to be standard procedure for such affairs, and shouldn't be viewed as any indication of wrongdoing by either of the parties.
If sources of funds can be verified, it will mark the final step of the takeover. However, if any doubts are raised, an investigation will be opened by the prosecutor.
Meanwhile, Milan are looking to secure the futures of the club's biggest stars before the takeover can begin.
Gigio Donnarumma, Suso,