€500 million to AC Milan for a percentage of shares in the company.
The Singaporean businessman and investor had previously thought to have offered €300 million but appears to have increased his offer.
According to Gazzetta dello Sport the Rossoneri have received the second offer from Peter Lim and are considering it carefully.
In the past Silvio Berlusconi revealed he was willing to discuss potential investment but only at the expense of 30 percent of ownership.
Should these parameters be met then it would render Milan’s debt non-existent including the €14m loss from this campaign.
With the funds expected to go toward infrastructure it’s likely a majority will be spent on the construction of a new stadium.
Lim’s previous offer was rubbished by Milan publicly which could have been the driving force behind this improved offer.
Follow Louis Gibberd-Thomas on Twitter: @mercutio156
