A group of Arab investors could reportedly purchase a stake of no more than 30 percent in Milan.
According to Gazzetta dello Sport, Elliott Management offers Milan ‘guarantees’ and ‘has the strength’ to run the club by themselves.
Nonetheless the newspaper claims an unnamed Arab group is considering whether to invest in the Rossoneri.
The deal would see Elliott remain in control of the club and benefit from splitting costs with the fund, as well as any cash injections in the future.
A member of Dubai’s royal family were linked with buying Milan last season, amidst the uncertainty surrounding previous owner Li Yonghong.