The Thai businessman has announced that he has agreed to a deal in principle to buy a stake in the Rossoneri.
Bee Taechaubol has agreed to a deal in principle to buy a significant share in AC Milan.
The Thai businessman had been in talks this week with club president Silvio Berlusconi and has now reached an agreement with the Rossoneri's parent company, Fininvest.
A statement from the man commonly known as "Mr. Bee" on Saturday read:
"I am very much looking forward to being a part of AC Milan’s history. It is a legendary club with a huge following worldwide, including in my country.