Monday briefing: RedBird increase influence as Calvelli announced as new AC Milan CEO

AC Milan have appointed Massimo Calvelli as chief executive officer, with the executive taking over the role previously held by Giorgio Furlani as RedBird Capital Partners strengthens its direct involvement in the club's management.

The appointment was announced by AC Milan, with Calvelli also retaining his positions as CEO International of RedBird Development Group and Operating Partner at RedBird Capital Partners. Calvelli joined AC Milan's board of directors last year.

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