Gerry Cardinale, new CEO of AC Milan, says his move to earn the trust of its legend Paolo Maldini during the club change in ownership was very vital.
Maldini has been infuriated with Hedge Fund Elliott Management for shutting him out of the discussion with Cardinale during the takeover of Rossoneri.
Cardinale, an expert in sports management and the founder of US investment firms RedBird Capital recently acquired Milan through a deal worth €1.2 billion. “It was very important to me that I did that. We ended up spending three and a half hours together.
It was fantastic,” Cardinale told Financial Times. Meanwhile, reports from Italian media reveal that Cardinale has experience of success with some of the USA’s biggest sporting franchises and he is hoping to use his experience to continue that trend with the Rossoneri.
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“A brand of this scale, like AC Milan, should have infrastructure that is indicative of its football prowess and global potential.
We’ve had a lot of experience with stadium projects in the US. “Milan and Italy deserve a world-class stadium that houses the best of sports and entertainment on a global scale,” he said.
