Ivan Gazidis will step down as CEO of Milan when his contract expires next month, the reigning Serie A champions have announced.
The 58-year-old had held the position at San Siro since December 2018 following a decade as part of Arsenal's boardroom.
During Gazidis' four years at Milan, the club ended an 11-season wait for the Scudetto, returned to the Champions League and improved their financial figures.
Amid recent speculation regarding his future beyond this year, the Rossoneri confirmed on their official website on Wednesday that Gazidis will depart on December 5.
Commenting on the announcement, Milan chairman Paolo Scaroni said: "On behalf of everyone associated with AC Milan, I would like to say a heartfelt thank you to Ivan for his passion and dedication, as well as the significant contribution he has made to the health and success of this football club, representing and enhancing the core values for which it stands.
"As I said during our recent shareholders' meeting, it is very easy to be the chairman of an organisation which has a CEO of the quality of Ivan Gazidis.
"I would also like to personally wish him some peaceful and well-deserved time with his family and every success in his next professional chapter."
Gazidis was diagnosed with throat cancer in July 2021 but returned to his daily duties with Milan following a short period away.
And the South African has credited the Italian giants for helping him to cope during a hugely challenging period on a personal level.
"After four wonderful, challenging years I will be leaving Milan," he said in a statement. "I owe so much to this club, its people, its fans and to this city, that literally saved my life.
"If the club is in a better position now than when I arrived, it is entirely due to the work of those I have been surrounded with, from our ownership, to our chairman, our head coaches, their coaching staffs, our sporting directors, our players and every young boy or girl with dreams in our academies, our scouts, analysts, medical and support staff, our senior management team and all of the extraordinary people who live for and give everything they have for this club.
"I have been privileged to work with them all. I have no doubt that this foundation and the people we have in place in every position will take the club to new levels in the years ahead.
"Finally, I want say a personal thank you to our fans. Our fans have carried their club (and me) through some difficult times through their belief and their strength.
"I will hold in my heart forever the way they showed their support to me when I was not well. They deserve every good thing. I may leave the club, but the club will never leave me."
Milan, who trail Serie A leaders Napoli by eight points with one game to go before the World Cup break, intend to announce Gazidis' successor "in due course".
'Super simple' – Lille president rules out January exit for Jonathan David
Lille president Olivier Letang has categorically ruled out a January exit for forward Jonathan David amid links with a number of European clubs.
David is out of contract at the end of the season and has been touted as a target for the likes of Bayern Munich, Juventus and Barcelona.
Speaking this week, the Canada international named Barcelona as his "dream" club but suggested he would prefer not to leave Lille mid-season.
And in an interview with After Foot RMC, Letang confirmed no bids have yet been tabled ahead of the January window.
"We are not going to sell him in January, and we have not received any offer for him," he said.
"Jonathan's situation is super simple. We are very happy to have him with us.
"Last season he had one more year left on his contract. We were trying to qualify for the Champions League.
"You have a guy who scores 20 to 25 goals a season. We had no obligation to sell him."
David is into his fifth season with Lille and has scored 97 goals in 202 games for the Ligue 1 side in all competitions while assisting a further 18.
Seven of those goals have arrived in 11 appearances this term, including in Champions League games against Real Madrid, Atletico Madrid and Juventus.
The 24-year-old's best league season with Lille saw him score 24 goals in 2022-23, while he has netted 19, 15 and 13 in the other full campaigns.
Lille chief Letang reiterated that David has been offered a new deal to stay on at Stade Pierre-Mauroy, but selling him has never been an option.
"He is a player who scores between 20 and 25 goals and helps us qualify for the Champions League," he said.
"Plus, Jonathan loves Lille, which is his club. Our position was very clear from the beginning – we think of the athlete.
"Obviously, he already has an offer that is in his hands, the ball is in his court."
Guardiola suggests Man City's recent form played part in signing new contract
Pep Guardiola suggested Manchester City's run of four successive defeats was part of the reason for his contract extension.
The 53-year-old recently signed a two-year deal, which will run out in 2027, ending months of speculation about his future after his contract had been due to run out at the end of the campaign.
Following a 2-1 defeat to Brighton before the international break, Guardiola's side have lost each of their last four matches in all competitions for the first time in his managerial career.
"I felt I could not leave now. Maybe the four defeats was why," he told the club's website.
"I think we deserve, after four defeats in a row, to bounce back and try to turn the situation. I think we deserve to be here. I am not arrogant to say, but it's the truth."
Guardiola has led Manchester City to 18 major trophies during his nine-year stint at the club and posted a 72% win ratio.
He added that he was determined to help the club get back to a state where they are "more stable and more consistent".
"We have to recover that because right now we don't have it and that's the target we have to do," he said.
City chairman Khaldoon Al Mubarak added: "Like every City fan, I am delighted that Pep's journey with Manchester City will continue, allowing his dedication, passion and innovative thinking to continue to shape the landscape of the game.
"His hunger for improvement and success remains insatiable and the direct beneficiaries of that will continue to be our players and coaching staff, the culture of our club, and the English game at large."
Leicester's Fatawu ruled out for rest of season with ACL injury
Leicester City manager Steve Cooper confirmed Abdul Fatawu will miss the rest of the season.
The 20-year-old sustained an anterior cruciate ligament injury (ACL) while playing for Ghana against Angola during the international break.
Fatawu has featured in all 11 of Leicester's Premier League matches so far this season and has registered two assists.
No Leicester player has attempted (61) or completed (29) more dribbles than him, while his 30 crosses is also a team-high in the top-flight this season.
"It's not good, it's a serious injury," said Cooper ahead of their match against Chelsea on Saturday.
"It's a real blow, first and foremost for him, being a young player and having an injury as serious as what an ACL is.
"Albeit, it can be quite common in sport, and in particular football, but it's still a serious injury.
"For it to happen at a young age is a blow for him and a blow for us as well.
"He's obviously a big talent and a young player, as exciting as he can be at his age, with lots to learn.
"It's only a pause, and we will make sure, as difficult as it is at the moment for him, that he comes back being a stronger player and person, which, with the mentality and character that he has, I think will be the case."
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