Scaroni: Milan ‘great honour’

by | Jul 21, 2018 10:20

Paolo Scaroni says it is a ‘great honour’ to become Milan’s new President, while the investment of ‘important resources’ are promised.

Scaroni replaces Li Yonghong, who officially stood down on Saturday morning, with the 71-year-old best known for being the deputy chairman of Rothschild Group and former CEO of Italian multinational Eni.

Paolo Scaroni says it is a ‘great honour’ to become Milan’s new President, while the investment of ‘important resources’ are promised.

Scaroni replaces Li Yonghong, who officially stood down on Saturday morning, with the 71-year-old best known for being the deputy chairman of Rothschild Group and former CEO of Italian multinational Eni.

“It was only stormy in terms of weather… For me, it’s a great honour, as a Milanista, to be the President of this team,” he said at the end of the meeting.

Roberto Cappelli, who chaired the assembly but was not re-elected to the board, also gave reassurances to Rossoneri shareholders about Elliott’s commitment to the club.

“Elliott’s commitment isn’t short-lived because it has a willingness to invest important resources in the club, which will allow Milan to remain compliant with Financial Fair Play,” he concluded.

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