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