Bee Taechaubol is expected to only take a small stake in AC Milan, according to some sources.
Mr Bee is due to arrive in Italy on Sunday from Thailand to complete a 65 per cent purchase of Milan from Silvio Berlusconi.
However, Forbes magazine reports Mr Bee will only be a minor shareholder and instead Milan will be sold to Chinese interests.
Several Chinese groups have been in talks with Milan in recent weeks, all with the backing of their government.
Mr Bee, meanwhile, has stated, via a spokesmen, his intention to take a majority stake in the Rossoneri this week.