Chinese investors are eyeing off Malaga.
AS says Chinese businessmen in talks with Malaga attended Sunday's defeat to Elche.
Contact was made earlier this year and discussions have taken place about financial investment and sponsorship arrangements.
Malaga vice-president Moayad Shatat and general manager Vicente Casado met with representatives of Chinese investment firms in Barcelona last week.
The Primera Division outfit hope to find a new shirt sponsor for next season.