AC Milan president Paolo Scaroni has confirmed there's two offers on the table.

RedBird Capital are threatening Investcorp's plans to buy Milan with both funds offering over €1.1bn for the club.

“I don't know of any critical issues with Investcorp," Scaroni told Sky Italia.

“What I do know is that there are two offers and it takes time to complete the perimeter of the paperwork, understand and compare the two proposals.

“I am not the right person to ask about this, because I run the club that is the subject of the offer, so it is not something that involves Milan."

On the progress of new stadium plans, Scaroni was upbeat.

“It is a work in progress, but I am optimistic and reasonably certain that Milan will have a new stadium either in the city of Milan or the greater Milan area. There is a public consultation in progress and that will be completed in a couple of months."