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 .
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 £2.6m ($3.8m) he's earning 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.