AC Milan are preparing to sell 30 per cent of the club to outside investment.Telelombardia says talks have opened with a mystery foreign buyer over the investment proposal.

The Rossoneri could also make 10-15 per cent available to supporter groups.

The Berlusconi family and the holding company Fininvest would retain control over 55-60 per cent of the shares, and would therefore still be in control of Milan.