Not even 24 hours from readmission to the Europa League, the long-awaited turnaround at Milan arrives. On Saturday morning, during the first meeting of the Elliott era – the club's newly owned American fund – the new members kicked out the directors in office in the last year. With a resolution approved by the majority, the CEO Marco Fassone, appointed by the now former owner Li Yonghong, was removed "for a just cause". Also Mirabelli, who last year embarked on a monumental acquisition campaign (Bonucci in primis) however, it proved to be as expensive as it was disappointing on a sporting level.
The other novelty is the return to the Rossoneri of Leonardo, who will be the new sporting director.
As already announced, the new president of Milan is Paolo Scaroni. "As a Milan fan it's a great honor to be part of this team," said the former number one of ENI at the end of the meeting that unanimously elected him. Scaroni will also take on the position of chief executive officer on an interim basis, pending Elliott finding a replacement, who could be the former Parma Uva.
The other members of the new Board of Directors, who will remain in office until 2020, are Tim's ex CEO Marco Patuano – already present on the Board in the Chinese era – Franck Tuil, Giorgio Furlani, Gianluca D'Avanzo, Alfredo Craca , Stefano Cocirio and Salvatore Cerchione.
As far as Fassone is concerned, the meeting explains that the relationship of trust has failed due to the "methods with which" the manager "managed and communicated the contracts with the company, the responsibility for preparing the plans and the structure of the Chinese market" . Not only that: "Further measures are underway on the basis of which the shareholder reserves further actions in the protection of his own rights and that of the company".
