American Randy Levin, president of the New York Yankees, ML.was appointed as the new Chairman of the Board of Directors Milan italiano.
On August 31, Milan announced that RedBird Capital would finally acquire the Rossonero for $1.2 billion.in a transaction in which American sports franchise Yankee Global Enterprises, owner of the New York Yankees, also participated as a minority shareholder.
From now on, AC Milan and New York Yankees have entered into a commercial alliance to strengthen and internationalize more and more their own brand, enjoying momentum in both Europe and the United States.
NowThe alliance between the two sports organizations takes a new step, and President Levin has been a key to the Yankees’ success and has been at the helm of the baseball team since 2000.becomes part of the board of directors of the reigning champions of Italy.
“Milan’s board of directors has approved the nomination of Randy Levine, president of the New York Yankees, as a new advisor,” the Italian club said in a statement.
“Levin has been president of the Yankees for over 20 years and is recognized worldwide as one of the most successful executives in the sports and entertainment industry. Leading one of the most iconic sports teams in the world, Levine has contributed to the franchise’s continued success in terms of on-field performance, trade partnerships, and global opportunities to grow and strengthen the New York Yankees brand.”
“He was also instrumental in the construction of the new Yankee Stadium, which was completed in 2009, and revolutionized the delivery of sports content by creating the YES network.”singled out the essence of the “rossoner”.
Italian Paolo Scaroni, president of Milan, assured that “Milan is delighted to welcome Randy Levine to the board of directors.”
“Randy is a leading sports and entertainment professional. This will help us develop new global synergiesin line with the strategic vision of RedBird, opening up new horizons for the club and its fans,” he added.
RedBird Capital, in addition to being the new owner of AC Milan, owns 85% of French First Division Toulouse; and 10% Fenway Spots Group, American company, of which basketball player LeBron James is a part, with assets in Liverpool, the Boston Red Sox (baseball) and the Pittsburgh Penguins (hockey).
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Source: La Opinion
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