AC Milan has officially announced that New York Yankees president Randy Levine has joined the club’s board of directors.
The club made the announcement on Saturday morning and he will now be on the board along with Paolo Scaroni (chairman), Gerry Cardinale (founder and frontman of the RedBird fund), Alec Scheiner, Niraj Shah, Isaac Halyard, Gordon Singer, Giorgio Furlani (CEO) and Stefano Cocirio.
Levine has been the president of the New York Yankees for 0ver 20 years and he is highly regarded when it comes to the world of sports business.
He has played a key role in growing the Yankees brand around the world and Milan hope that his expertise and experience can do the same for the Rossoneri in the future.
He also played a key role in the development of a new stadium for the Yankees, which is prevalent to Milan’s current situation as they seek to build a new San Siro.
AC Milan’s Chairman, Paolo Scaroni, commented: “The Club is delighted to welcome Randy Levine to the Board of Directors. Randy is a leading professional in sports and entertainment. His experience and expertise will integrate with ours, contributing to the growth path of the Club and creating opportunities to expand its global appeal. The appointment of Randy will help us develop new synergies at a global level, in line with RedBird’s strategic vision, opening new horizons for the Club and its fans.”