The Rossoneri could soon have some very wealthy new owners if the proposed $1 billion-plus deal goes through.

Currently on top of the Serie A table and into the semi-finals of the Coppa Italia, AC Milan are in contention not just to win one, but two titles this season.

Although the Rossoneri had a torrid time in the Champions League - their first foray into European club football's top tier competition since the 2013/14 season - they have had more success in domestic affairs.

As they prepare to try to re-establish themselves among Europe's elite, some interesting news has come out that could look promising as Milan will need to refurbish their squad in order to become more competitive on the domestic and continental fronts.

Milan, who are currently under the ownership of American hedge fund Elliott Management, have had a rough past few years in terms of owners after Silvio Berlusconi sold the club to Chinese businessman Li Yonghong, who had made fraudulent statements about his alleged wealth and ended up defaulting on massive loans. Ultimately, the club ended up in the hands of Elliott, who took over fully in July 2018.

Now, nearly four years later, Elliott could be looking to sell the club, with reports indicating that Bahraini investment fund Investcorp potentially offering upwards of $1 billion to buy the Rossoneri outright.