Rocco Commisso is emerging as a buyer for AC Milan.
Sky Italia says Commisso is in advanced takeover negotiations of the Rossonero.
Commisso was born in Calabria, but moved to America with his family at the age of 12.
He is the founder and CEO of cable television company Mediacom and since last year has been the owner of the New York Cosmos football club.
Commisso is in talks with David Han Li in New York along with lawyers and financial advisors, supported by Goldman Sachs.