The Milan prosecutor's office has opened an investigation into the sale of AC Milan from Silvio Berlusconi's Fininvest company to Li Yonghong.
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Donnarumma signed a new four-year contract at Milan last summer, but doubts remain over his future after Raiola said he had been put under pressure.
Welbeck went down in the box after tangling with Milan left-back Ricardo Rodriguez and was accused of diving.
AC Milan CEO Marco Fassone says he has been impressed enough by the performance of coach Gennaro Gattuso that he is willing to open contract talks.
Two of AC Milan's summer signings, Hakan Calhanoglu and Andre Silva came through in Milan's time of need at Chievo in a much-needed 3-2 win.
AC Milan needed a late Andre Silva goal to snatch a 3-2 win at home to lowly Chievo Verona.
AC Milan's sporting director, Massimiliano Mirabelli, says his club intend to keep hold of Gianluigi Donnarumma for many more years.
Hakan Calhanoglu gave the Rossoneri hope with the opening goal in the second leg, but a contentious penalty swung the tie back in Arsenal's favour.
AC Milan's Hakan Calhanoglu said referee Jonas Eriksson was Arsenal's "man of the match" after being bounced from the Europa League 5-1 on aggregate.
Arsenal went down 1-0 but responded quickly vs. Milan, to advance to the last eight of the Europa League, albeit with an assist from the referee.
Arsenal are through to the quarterfinals of the Europa League after beating AC Milan 3-1 on Thursday night and 5-1 on aggregate in the round of 16.
AC Milan boss Gennaro Gattuso believes Jack Wilshere would be a good fit for his or any other Italian side.
Milan coach Gennaro Gattuso gave his side a 30 percent chance of defeating the Gunners and progressing in Europe, but his goalkeeper is hopeful.