Profile: Ivan Gazidis and Milan’s “long and challenging path” to sustainability
29 October 2020
After years of stagnation Milan are early Serie A leaders but remain a financial basket case.
CEO Ivan Gazidis has enacted structural changes that will reap long term benefits, but could not stop the fourth highest ever club financial loss - €195 million.
“Doomsday Investor” Elliott Management has ploughed €707 million into the club since 2018.
Can Gazidis save Milan?
It is September 2018 and the future looks unprepossessing for AC Milan, far worse, it must be said, than the pandemic impacted date two years later when they will announce the second worst financial result in football history. Not just Milan’s history: the entire history of the game.
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