AC Milan owner Li Yonghong has valued the club at € 700 m ( $ 1.1bn ) but decided against a quick sale for a lower price , despite the threat of his creditor , US investment bank Elliott , taking control of the club if € 32 m ( $ 37 million ) is not repaid by Saturday . To complicate matters for Li, Uefa has banned AC Milan from next season's Europa League. US television tycoon Rocco Commisso is said to be among the potential bidders for the club . UEFA has also banned AC Milan from the next Champions League .
AC Milan owner Li Yonghong has valued the club at € 700 m ( $ 1.1bn ) but decided against a quick sale for a lower price , despite the threat of his creditor , US investment bank Elliott , taking control of the club if € 32 m ( $ 37 million ) is not repaid by Saturday . US television tycoon Rocco Commisso is said to be among the potential bidders for the club . UEFA has also banned AC Milan from the next Champions League .