Gandini resigns from Milan post

Umberto Gandini has called it quits at Serie A club AC Milan, after spending over two decades with the Italian giants as their managing director.

Reports emerging from Italy indicate that Gandini is poised to become Roma's CEO, following Milan owner Silvio Berlusconi's decision to sell the club to Chinese consortium Sino-Europe Sports.

The Rossoneri took to their official website to release a statement confirming his exit.

"After 23 years at Milan, Umberto Gandini leaves us," the statement read.

"It's legitimate, dear Umberto, that you built up a desire to test yourself in a new context, but know that you leave here with great regret and affection which, beyond even your unquestionable professional values, will remain forever in all of our hearts."