AC Milan owner Li Yonghong has moved to reject all accusations of suspected money laundering over his takeover of the Italian club. Reports in the Italian press on Tuesday had alleged that former owner Silvio Berlusconi had been caught up in a fraud case relating to payments made by Mr Li after he completed his £650m takeover of I Rossoneri in April 2017. In a wordy statement published on the club's official site on Wednesday, Mr Li explained that the allegations 'did not reflect the reality...
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