The Rossoneri have taken a step closer to a possible takeover after striking an exclusivity deal to negotiate with investors after a previous proposal failed to progress.
AC Milan's holding company Fininvest has announced that a Chinese investor group has been granted exclusivity over the potential sale of the club.
President Silvio Berlusconi has long been reported to be negotiating with a consortium from China after Thai businessman Bee Taechaubol's proposal to buy the club failed to progress into concrete plans.
Following a meeting on Tuesday, Fininvest has confirmed that negotiations over the sale of a stake of the club to the unnamed consortium can now begin.