Arsenal Ceo Gazidis joins AC Milan

Arsenal CEO Gazidis joins Milan in soccer boardroom transfer

Arsenal Ceo Gazidis joins Milan in soccer boardroom transfer

Really shocking and disturbing news for the football and especially Arsenal fans is surely the resignation of Arsenal’s CEO Gazidis, who is now headed to occupy a similar position in AC Milan.

A historic and rare boardroom transfer between the following two leading clubs decided the fate of Gazidis be cherished in Italy.

The Scenario

The real reason behind his leaving may seem tragic, but it’s actually on a compelling plot. The U. S-based hedge fund Elliott Management seized over the control of Milan in July, since Milan’s the then Chinese owner Li Yong Hong missed a deadline to repay a part of the loan.

Now being CEO of Arsenal for over a decade, which was also owned by American Sports Magnate Stan Kroenke, Gazidis was compelled to join Milan in the same role.

Not only this, but he also had to leave the position of international member of Football politics of the executive boards of UEFA and the European Club Associations.

The reason for this resignation is also not unknown to the world of football. ECA has their own rule, which clearly states to step down if they join a different club. And Gazidis, being one of the executives in ECA’s delegate, naturally had to shake himself off.

Why Gazidis transfer seems to be significant in the football world? It’s because, following his transfer, some pre-assumed changes are going to take place.

The Arsenal will witness the promotions of Raul Sanllehi, head of Football relation and Vinai Venkatesham, the chief commercial officer. Raul will be taking over the position of Football Head of Arsenal, while Vinai will be becoming the Managing Director.

After Effects

Emotions and gratitude were clearly seen in the words of Josh Kroenke, the son of the owner as well as deputy chairman of the company controlling Arsenal when he said that it has been a pleasure working with Ivan.

He further added that they are going to miss the wisdom, insights, and energy that was brought into the club by Gazidi. But at the same time, they seemed confident to take the wheel of the club rolling forward with the aid of the excellent people who assumed their new responsibilities after Gazidi left.

Final Verdict

With the resignation of Gazidis, rolled in a new chapter in the management premises of Arsenal. The outcomes of this change cannot be estimated now only, because his vacancy is efficiently taken away with the others. Time will answer all the questionnaires.

Gazidi will be resuming his job as CEO in AC Millan, on and from 1st of December, this year. Arsenal and their fans are going to witness a new era. Hopefully, coach Unai Emery is energetic and confident that he will be able to keep boys stable, on and off the pitch.

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