AC Milan will announce the composition of the new Board of Directors tomorrow following RedBird Capital’s acquisition of the club from Elliott Management.
Tomorrow the shareholders’ meeting scheduled for 15:30 CEST will appoint the members of the new Milan Board of Directors and subsequently the first board of the new ownership, after the transfer of shares between the two American funds was made official earlier in the month.
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According to what was reported by Carlo Festa of Il Sole 24 Ore (via SempreMilan.it), there will be three representatives for Elliott Management on the new board and four for RedBird, while the ninth member (in addition to president Paolo Scaroni who will chairperson) will be CEO Ivan Gazidis.
Gazidis’ contract will expire in the month of November, with his future still to be decided. Tomorrow, the new-look Milan board moving forward should therefore be made official and the RedBird era can formally begin.
