Southampton executive Nicola Cortese is believed to have handed in his resignation at the club, according to Sky Sports.

Reports indicated that Cortese and Mauricio Pochettino had fallen out, but the pair have since played down the rumours.

Last May, Cortese considered leaving the Saints but was talked around by owner Katharina Liebherr, convincing him to remain as chairman of the club.

Cortese, a former banker, was at the forefront of the takeover of the Saints in 2009, when the  club was in administration, languishing in League One - the third tier of English football.

Since the take over, Saints have had a complete overhaul and spent over £72 million, turning them into a top 10 Premier League team again.

The rumour ads fuel to the speculation Cortese could be heading to an un-named Italian club rumoured to be AC Milan and the likelihood is that he would take Pochettino with him.

The speculation comes after Cortese was reported as saying last summer: “I visited Milanello ten years ago, which then became something of a reference point….It had great charm, it felt like joining a family.”

Since last summer Cortese has kept quiet on the situation but with the current boardroom battle raging on at the San Siro, Cortese could be the man to calm it.

As yet Southampton haven't commented on the matter.

Write for GiveMeSport! Sign-up to the GMS Writing Academy here:

DISCLAIMER: This article has been written by a member of the GiveMeSport Writing Academy and does not represent the views of or SportsNewMedia. The views and opinions expressed are solely that of the author credited at the top of this article. and SportsNewMedia do not take any responsibility for the content of its contributors.

Do YOU want to write for GiveMeSport? Get started today by signing-up and submitting an article HERE: