East Asia China

AC Milan owner plots China expansion

AC Milan plan to open a football academy and the other facilities in China, according to reports in Italy.

The Serie A giants are currently owned by Yonghong Li, since the Chinese tycoon led a consortium which bought Rossoneri in April.

Milan have spent more than €200m in the current summer transfer market, including their €42m massive signing of Leonardo Bonucci from domestic rivals Juventus.

La Republica revealed that Milan will open a club-branded village which has hotel, a museum, shops and a restaurant for entertainment aspects.

In addition for sport aspects, there will be a stadium, youth pitches, a medical centre and a video analysis centre.

Milan are looking to connect their new brand expansion to the development of Chinese football as they have an ambitious target to host FIFA World Cup 2030.