AC Milan CEO Giorgio Furlani and his predecessor Gazidis investigated by the Milan Prosecutor's Office for "obstructing the FIGC's supervisory activity".
The investigation concerns the sale of the Rossoneri club from the Elliott fund to Gerry Cardinale's Redbird .
The Guardia di Finanza also carried out searches at the headquarters of the Rossoneri club, acquiring - from what we understand - documentation from the office of the CEO and other people with top roles.
From a series of elements acquired in the investigations of the Milan prosecutors Giovanni Polizzi and Giovanna Cavalleri , conducted by the Special Currency Police Unit of the GDF, the investigators write, "the hypothesis that the Elliott Fund currently retains substantial control of the company Ac Milan, whereas the actual transfer of ownership in favor of Gerry Cardinale's Redbird Fund in 2022 would have been reported to the FIGC supervisory authority.
For its part, the club, in a note, explains: «With regard to the search that took place today in its headquarters, the AC Milan company is third and unrelated to the ongoing proceedings relating to the acquisition of the same, completed in August 2022. The investigation, which also involves the legal representatives with signatory power, Giorgio Furlani and Ivan Gazidis, current and previous CEO of the Club, hypothesizes incorrect communications to the competent supervisory authority. The company is cooperating fully with the investigating authority ."
(Unioneonline/lf)
