Announcement soon as Arsenal man agrees to complete transfer

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Arsene Wenger departed after nearly 22 seasons as manager in May. In August, Alisher Usmanov agreed to sell his 30 percent stake in the club to majority owner Stan Kroenke.

And now Ivan Gazidis, the club’s chief executive since January 2009, is on the verge of leaving Arsenal to take a similar job at AC Milan.

Report making the round claims Ivan Gazidis has finally made the decision to leave Arsenal and join Serie A side, according to Arseblog News.

Gazidis, 54, has been in talks over a similar role at AC Milan for several weeks after the Serie A club were taken over by American hedge fund Elliott Management in July.

Arsenal majority shareholder Kroenke is believed to be keen for Gazidis to stay as Emery leads the club into the post-Wenger era.

However, it is understood Elliott has offered Gazidis a £1million increase on his current £2.6m-a-year salary and — significantly — an equity stake in Milan, which could be worth millions.

Should Gazidis depart, the front-runner to replace him will be Stan’s son, Josh Kroenke.

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