According to the latest reports in Italy, “Investcorp” can sign the contract for the purchase of the Milan club this week.

The parties are already in advanced negotiations, hoping to complete the conclusion of the agreement before the beginning of May.

“Il Sole 24 Ore” has reported that “Investcorp” is on the right track to sign the contract for the purchase of the club. According to the Italian media, everything can be finalized on May 29.

The Milan club is expected to be sold for the amount of 1.1 billion euros.

Recall that “Investcorp” is a sovereign investment fund based in Bahrain.

If the Milan club is sold, then 18 times the Italian champion would become the first Italian club with owners from the Middle East.