Serie A TIM: Ivan Gazidis leaving Arsenal to be CEO of AC Milan from 01/12/2018

Ivan Gazidis, the CEO of Arsenal FC (Premier League), will join AC Milan (Serie A TIM) in the same position on 01/12/2018, announced the Milan club on 18/09/2018.

Ivan Gazidis will succeed formally Marco Fassone, the CEO of AC Milan since Rossoneri Sport Investment Lux took over the club in April 2017 until the American investment fund Elliott Management took control of the club in July 2018. Since July 2018, Paolo Scaroni, appointed executive chairman of the Italian club, has been handling day-to-day operations.

"After playing a key role in founding Major League Soccer in the United States, in 2009 Mr. Gazidis went on to become chief executive officer of the UK Premier League football club Arsenal. Under Mr. Gazidis's leadership, London-based Arsenal football club enjoyed both on-field success and off-field prosperity. Mr. Gazidis spearheaded exemplary growth initiatives, building Arsenal into a profitable publicly traded company, with annual turnover having doubled to in excess of £400m (€450m) today and a staff of over 600 employees. The club's global following now exceeds 85…