Arsenal confirm Gazidis departure to Milan

Ivan Gazidis played a key role in hiring Unai Emery as Arsenal head coach

Ivan Gazidis played a key role in hiring Unai Emery as Arsenal head coach

Unai Emery has thanked Ivan Gazidis for the role he played in bringing him to Arsenal after the club's chief executive confirmed his decision to join AC Milan. In August, Alisher Usmanov agreed to sell his 30 percent stake in the club to majority owner Stan Kroenke.

"I am now looking forward to joining one of the world's other great clubs, AC Milan, and working to restore it to its rightful place in football".

Gazidis said that the decision to leave after 10 years at the Gunners was "the hardest of my life".

Arsenal's statement on the appointment on Tuesday said the former Barca man will lead the club's "football activities" while Venkatesham will oversee "all business operations".

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Current Milan Executive President Paolo Scaroni will transfer his duties over to Mr. Gazidis on December 1st, 2018.

CEO of Arsenal Ivan Gazidis has resigned to take up a new role with Serie A side AC Milan.

He conducted a thorough review of what was and was not working at Arsenal at the turn of the year. Arsene Wenger managed the football club for 22-long years and also earned the title of invincibles, when Arsenal went on to win the Premier League title in 2003-04 without losing a single match.

"We lived through many emotions together, the highs and the lows of football, and I am proud to be able to say that I gave this club and its fantastic people everything that I had in me".

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Sanllehi is now the head of football relations, and will become the head of football going forward, with Venkatesham moving from his chief commercial officer role to managing director.

Arsenal are hoping to draw a line soon under the uncertainty surrounding chief executive Ivan Gazidis, with AC Milan now in advanced negotiations over bringing him to the San Siro.

His son, Josh Kroenke, is deputy chairman of KSE and praised the work of Gazidis during his tenure at Arsenal. The CEO role is one we have prioritised from day one of this project and one we have worked diligently upon to get right.

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