Official: Randy Levine, President of the New York Yankees, has joined the Milan’s Board of Directors

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President Randy Levine during on February 11, 2014 at Yankee Stadium. (Photo by Jim McIsaac/Getty Images)

Randy Levine is now part of the Milan BoD, the club has announced.

It’s not the best moment for Milan right now in terms of sporting results, but the club is continuing to build itself under new owners Gerry Cardinale and today they announced a new Board edition.

A statement on the website of Milan reads on Saturday:

AC Milan today announced that Randy Levine, President of the New York Yankees, has joined the Club’s Board of Directors.

Mr. Levine has been the President of the New York Yankees for over 20 years and is recognized globally as one of the most accomplished executives in the sports and entertainment industries. As a steward of one of the world’s most iconic sports teams, Mr. Levine has contributed to the ongoing success of the franchise in terms of on-field performance, commercial partnerships and global opportunities to grow and reinforce the New York Yankees brand.

He was also instrumental in the development of the new Yankee Stadium, completed in 2009, revolutionized the distribution of game coverage through the creation of the YES Network and partnered with the Dallas Cowboys to create Legends Hospitality LLC, a leading company in the development of premium experiences in sports and entertainment.

Gerry Cardinale and Paolo Scaroni at Casa Milan on June 1, 2022. (@acmilan.com)

AC Milan’s Chairman, Paolo Scaroni, commented: “The Club is delighted to welcome Randy Levine to the Board of Directors. Randy is a leading professional in sports and entertainment. His experience and expertise will integrate with ours, contributing to the growth path of the Club and creating opportunities to expand its global appeal. The appointment of Randy will help us develop new synergies at a global level, in line with RedBird’s strategic vision, opening new horizons for the Club and its fans.”

Commenting on the appointment, RedBird Capital Partners Founder and Managing Partner Gerry Cardinale said: “For over two decades, I have been fortunate to have a unique and successful partnership with the New York Yankees and the Steinbrenner Family, including most recently the Yankees’ investment alongside RedBird in AC Milan. I am thrilled to welcome Randy Levine to the Board of AC Milan and look forward to building a global collaboration between the Yankees and AC Milan.”

Following the appointment of Randy Levine, the new AC Milan’s Board of Directors is now  composed of the following members: Paolo Scaroni (AC Milan, Chairman), Giorgio Furlani (AC Milan, Chief Executive Officer), Stefano Cocirio (AC Milan, Chief Financial Officer), Gerry Cardinale (RedBird, Founder and Managing Partner), Randy Levine (New York Yankees, President), Alec Scheiner (RedBird, Partner), Niraj Shah (RedBird, Principal), Isaac Halyard (RedBird, Vice President), Gordon Singer (Elliott, Equity Partner and Managing Partner).

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Elliotazzuri

Not important news, he ain’t going to add anything new

Ink

Umm, all these settle a little weirdly with me. I just do not think that Americans – particularly ones who are used to the “entertainment” industry of American sports, can really be effective in football – particularly Italian football.
Maybe unless they have real passion for football. Do these guys have that?

Milancrazyfan

Allthough Yankees are number 1 brand when it come baseball team merchandise in the qorld, they haven’t won any trophies for a long time. That says a lot.

richis

2009 last year yankees won world series. even they spend a shitload of money, their drought is longer than milans.

dan

at least the lose swinging. (pun intended ). Yankees lose, they spend tons of money to try to improve. We lose and we go get 19 year olds hoping for the best

Oluwa shevy

What’s the update on Leo contract

Mario

Now is the chance for milan to sign zaniolo!! We should not waste this golden opportunity. Get it done, paolo and ricky!!

Oluwa shevy

Was checking the log table I saw juventus on 23point did there reduce their point or what I knew there were second or third before the new year

dan

They got punished for bad accounting. There is an ESPN piece by Gab Marcotti explaining in detail. Long story short they inflated player prices to make their acct look good. ( i mean Pjanic for 55M is a dead giveaway) . -15 points for being acct idiots.

Oluwa shevy

Lol that’s good atlist one runner up for the title and top 4 is out wish it was Napoli lol