Former AC Milan and Arsenal chief Ivan Gazidis is eyeing a takeover of St Etienne.

ASSE are currently battling to earn promotion from Ligue 2 and are up for sale.

L'Equipe says Gazidis has been appointed president of Kilmer Sports Venture. And he is leading the ASSE takeover project led by a Canadian-American-Chinese fund.

Behind the scenes, Frenchman Michaël Benabou is also be on board to buy ASSE.

Moreover, depending on whether or not they move up to L1, the sale price of the club will be different.