SPECIAL REPORT: The club is now looking to cement its vision for the future under Bee Taechaubol, with a face from the past key to their plans

Bee Taechaubol will attempt to convince Real Madrid boss Carlo Ancelotti to return for a second stint as AC Milan coach if he completes his takeover of the club as planned in the next week.

The Thai entrepreneur told La Repubblica that he will return to Milan on Sunday for a four-day trip during which he will sign a deal to buy a 65 per cent stake in the Rossoneri from Silvio Berlusconi, paying 25% immediately and another 40% within a year.

And he is expected to approach the Blancos coach regarding a return to the Milanello hot seat upon completing the deal, making the most of Ancelotti’s uncertain position at the Santiago Bernabeu.

Real Madrid currently sit in second place in La Liga, two points behind leaders Barcelona, and face neighbours Atletico Madrid on Wednesday in the second leg of the Champions League quarter-finals. But Ancelotti’s stock has fallen in the mind of president Florentino Perez following their downturn in form in 2015 after a stellar run during the previous 12 months.

Mr Bee sees the 55-year-old as one of his two main targets, with Italy coach Antonio Conte also being considered. And while Ancelotti recently admitted that he prefers working away from his own country. However, he has said Milan is the only club he would return to, and the Thai is likely to do everything he can to persuade the three-time Champions League winning coach that he means business.

Ancelotti would form part of a backroom team which would include club legend Paolo Maldini as technical director, with financier Victor Pablo Dana as CEO. While Barbara Berlusconi would stay with the club to head the commercial arm, current CEO and vice-president Adriano Galliani would play no part in the new era.

Galliani’s increasingly-diminishing role at the club is said to have been reflected by a greater ambivalence to goings-on in the corridors of power of late. The 70-year-old has worked with the club since Berlusconi’s purchase in 1986 and has been central to many of the key decisions made over the past quarter of a century, including installing Ancelotti as coach in 2001.

The Italian boss won two Champions League, one Serie A title, two Uefa Super Cups and the Club World Cup during his eight-year spell in charge at San Siro.