Italy’s AC Milan after it was taken over by new Chinese owners on Thursday after months of delay.
The deal, worth 740,000,000 Euros, puts an end to former Italian Prime Minister Silvio Berlusconi's 31-year reign at the club.
Under Berlusconi, the Rossoneri won trophies both at home and abroad, including 5 Champions League titles and 8 Seria A titles.
However, they had declined in the recent years and are currently 6th in the Italian top flight’s standings.
The new owners and the newly-appointed CEO, Marco Fassone are looking to put the club among the best in Europe again and return to the Champions League action by 2018.