Former Chelsea and England defender John Terry may acquire shares in Colchester United, who play in England's League Two.
Idman.Biz reports this with reference to The Sun.
According to the source, the deal is worth £14 million and a consortium is also involved in the negotiations. It is noted that the former footballer will have a significant impact on strategic decisions within the club's management. According to reports, Terry is very interested in developing a team from the lower levels of English professional football and has already visited the Essex club's training complex several times.
Colchester United are currently 13th in League Two.