"Since repaying the loan to Elliott, however, there has been a massive change on that front. Cardinale showed himself in the city for the first time in a while on January 21, when he met the team and the management at Milanello. Just a week later, RedBird confirmed that the vendor loan had been repaid to Elliott. On February 15, he visited the training ground once again, followed by a meeting with the Lega Serie A assembly the next day."
"It's clear that the owner has flicked a switch in terms of making himself seen and heard, taking his ownership to the next level. It should be clarified that Cardinale's presence doesn't change much from an operational point of view. The owner is already following the team closely from the United States, and it's not like the directors suddenly get different roles as soon as he's in town."
"On the other hand, it never hurts to have the boss present when there are big decisions to make, or if certain initiatives need to be explored. In that sense, the stadium and NBA Europe projects are of particular interest, seeing as both could result in a lot of revenue."
Gerry Cardinale has dramatically changed his engagement with AC Milan following the repayment of Elliott Management's vendor loan. After facing criticism for insufficient presence during last season's sporting struggles, Cardinale has made three visits to Milan within 45 days, including meetings at Milanello and attendance at Serie A assembly. His sixth attendance at San Siro for the Milan-Inter derby demonstrates a shift in ownership approach. While his physical presence doesn't alter operational decisions made from the United States, it signals importance for major decisions and strategic initiatives, particularly regarding stadium and NBA Europe projects that could generate significant revenue.
Read at SempreMilan
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