According to the Italian newspaper Torino Sport, Gazidis is an unshakable confidant of Milan's owner Elliott hedge fund.
"Torino Sport" said that for Elliott, Gazidis's status is unshakable. He is someone Elliott trusts and has absolute power in the club. Gazidis is not only the club's CEO, but also the person in charge of the club's financial power and decision-making on the transfer market.
After the Elliott hedge fund took over Milan in the summer of 2018, it reorganized the club’s board and management. They extended an invitation to Gazidis, then CEO of Arsenal. Gazidis formally assumed the position of CEO of Milan on December 1, 2018. With an annual salary of 4 million euros after tax, he is one of the highest paid CEOs in world football, nearly 1.2 million higher than his annual salary during Arsenal EUR. According to previous British media reports, Gazidis had acquired millions of pounds worth of shares in the Milan club after moving to Milan.