There are media reports in China that the CEO of Chinese search engine, Baidu might be interested in purchasing AC Milan.
Robin Li Yanhong, the CEO of the Chinese company, is currently in negotiations with the Italian club.
It is believed that the price will be around $792 million which represents a number of outstanding shares. If there are no other issues, the deal should be completed in 6-8 weeks. This will give the new owner plenty of time to make changes to the team ahead of the new season.