Three Chinese groups are in contact with AC Milan about investment talks.
Milan have seen negotiations with Bee Taechaubol fall through in recent days. Bee had an agreement over a 48 per cent stake in the club, but has struggled to find financial supporters.
Three Chinese groups are in now in talks with Milan, with GM Barbara Berlusconi driving negotiations.
Among the three groups is Fosun, a Chinese conglomerate ranging from real estate to insurance, the pharmaceutical business to health & well-being and entertainment from the web.