Elliott Management will keep three board members at AC Milan as part of the transitional period to the new ownership RedBird Capital, a report claims.
According to what reported by Calcio e Finanza (via MilanNews), the acquisition of Milan by RedBird will involve a new board of directors which will come into action once the takeover is complete, but among them will be three familiar figures.
One will certainly be Gordon Singer, the son of the founder of Elliott Management – Paul Singer – as the man who is entrusted with the management of the fund’s London offices. Then, Stefano Cocirio will also remain with him and he is already present in the current Board of Directors as a financial analyst on behalf of Elliott and who previously worked for Credit Suisse and Banca Imi.
Finally, Giorgio Furlani will remain with the Rossoneri too, as a Portfolio Manager of the Elliott fund.