Arsenal is trying to stop CEO Ivan Gazidis from taking up an executive role at Italian club AC Milan . The Serie A outfit , owned by US hedge fund Elliot Management , is believed to be offering Gazidis a considerable rise in annual salary from the £ ##5 ##m ( $ 3.8 ##m ) he 's earned in London . 525million - £28,000 per share - which is a huge increase on the £11,750 the American paid in April 2011 to take control. Gazidis is said to be close to a deal with Milan . Recent changes at Arsenal , including moves towards a more " continental " management structure , are said to have been initiated by Gazidis .
Arsenal is trying to stop CEO Ivan Gazidis from taking up an executive role at Italian club AC Milan . The Serie A outfit , owned by US hedge fund Elliot Management , is believed to be offering Gazidis a considerable rise in annual salary from the £ ##5 ##m ( $ 3.8 ##m ) he 's earned in London . Gazidis is said to be close to a deal with Milan . Recent changes at Arsenal , including moves towards a more " continental " management structure , are said to have been initiated by Gazidis .