MILAN - A Chinese consortium looking to purchase AC Milan has been accused of providing false documents during its initial negotiations with the Serie A giants, according to reports Wednesday. The report claims Sino-Europe Sports provided documents on "what appears to be Bank of Jiangsu Co. stationery, purporting to show transaction details of a consortium member’s corporate account". AC Milan already pulled out of one deal with Chinese investors last year, and recently the new bid was hit by doubts. Sino-Europe Sports issued a statement last week to quash claims it was struggling to gather the necessary funds for a successful takeover. "Sino-Europe Sports confirms that everything is progressing rapidly towards the closing for the acquisition of Milan," the statement said.

Source: Bangkok Post September 21, 2016 09:56 UTC