On April 2017 13, the equity transfer of AC Milan was officially completed, and the Rossoneri company officially completed the acquisition of 99.93% equity of AC Milan Football Club. 1On October 27th, Gennaro Ivan Gattuso took over as head coach.
On June 27th, 20 18, UEFA officially announced that AC Milan would be banned from participating in one of the European competitions in the next two years (20 18- 19 and 20 19-20) because it violated the provisions of UEFA's Financial Fairness Act. On July 1 1, Elliot Hedge Fund announced that it would take over AC Milan Club. On September 18, AC Milan officially announced the joining of former Arsenal CEO Gazidis.