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With it seeming likely that RedBird complete their repayment for the vendor loan involved to purchase AC Milan, there is talk of a new CEO arriving.
In the past few days, there have been several suggestions that Gerry Cardinale may be close to repaying the vendor loan which allowed him to buy Milan in the first place. Of course, this would make the reluctance to spend this month understandable, too.
Matteo Moretto has reported that RedBird are attempting to repay a significant amount of the loan back, if not paying it off completely. As a result, there could be some changes at the club, with Gordon Elliott no longer influencing things when the loan ‘ends’, so to speak.
Furlani’s future
One of the big changes, then, could involve Giorgio Furlani, who is the CEO of the Rossoneri. However, that may not be for much longer.
MilanNews reports that Massimo Calvelli’s name is becoming more prominent. He joined the club in November as one of the new members of the board of directors, but he also holds a role at RedBird as the International CEO.
Of course, it is worth mentioning that the Italian also has experience as a CEO previously with the Association of Tennis Professionals, where he oversaw substantial growth in commercial and media areas. Furthermore, he helped create an agreement with PIF, who have regularly been linked to the Diavolo.
Calvelli, as the report continues, is ‘destined’ to become an integral part of the management, and that could see him become the CEO when the position becomes free. Nothing is confirmed yet, and right now, Furlani is still in the job.
However, it would not be a surprise to see him exit when Elliott does, given his previous links to the former owner.
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