10 Oct AC Milan CEO Ivan Gazidis claims to have saved the team from bankruptcy because he defends Pioli appointment
The guy overseeing the Rossoneri has appeared to guarantee buffs their financial future looks much brighter, despite continued on-area issues
AC Milan were in danger of falling down to Serie B as a result of possible insolvency but are now in far better financial shape, says club CEO Ivan Gazidis.
A former chief executive in Arsenal, Gazidis combined the side in December 2018 and has lately come under fire decided to sack coach Marco Giampaolo.
Together with the club now 13th in Serie A and more losses than wins out of their first seven league games, Gazidis considers a change of supervisors was necessary since AC Milan seems to stabilise on and off the pitch.
“it is a decision we made together, but we needed to place Milan first. We realize our lovers, I understand their frustration, we are in trouble, but we are working to correct things,” Gazidis said in a media conference.
“We inherited a team which risked going bankrupt and could have dropped to Serie B such as Parma and Fiorentina. We discovered debts which took us from cup competitions. We have had to confront problems, that is undeniable.
“The street is a tough one, but we need to be patient. We will still make errors, but we are determined.
“we would like to bring Milan upward again, both in Italy and Europe. We are going to last on our travel, we are ambitious, as noticed by our desire to construct a new arena, with a cost of $1.2 billion, which will give us fresh revenue streams and will result in the coming of new players.
“We make all of our choices collectively. We are among those clubs that have spent the most in Europe, our team has been enhanced and our lovers will shortly find the new signings and comprehend why we purchased them.”
With Giampaolo shown the door in Milan, former Inter trainer Stefano Pioli was attracted in.
Most recently accountable for Fiorentina, Gazidis sees Pioli as the ideal person to shoot AC Milan forward.
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“There is time for us to return on track. We will always fight for large goals. Pioli’s a seasoned mentor who will boost our young players,” he explained.
“We anticipate and in the journey we must make with certainty. I have not said much up to now, however, things will change.
“I need to convince the fans we really wish to bring Milan up”