Arsenal CEO Ivan Gazidis is to
take up the same position at AC Milan from December 1, the
seven-time European champs said Tuesday.
Gazidis has been at the Emirates since 2009.
Previously he played a major role in the creation of Major
League Soccer.
Milan said Executive Chairman Paolo Scaroni will hand over
all chief executive duties to Gazidis on December 1.
The club said: "In hiring Mr. Gazidis as CEO, AC Milan brings
on board a world-class football executive with a track record of
sporting and commercial success across the globe.
"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.
"Arsenal won three FA cups during his tenure and reached the
UEFA Champions' League eight years in a row.
"Mr. Gazidis spearheaded exemplary growth initiatives,
building Arsenal into a profitable publicly traded company, with
annual turnover having doubled to in excess of £400 million
today and a staff of over 600 employees."
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