Arsenal chief exec Ivan Gazidis is a target for AC Milan.

Milan is now in the hands of US hedge fund Elliott Management Corporation after former owner Yonghong Li defaulted on his debts.

Elliott plan to shake-up the management team and are seeking to bring Leonardo back to the club.

Sky Sport Italia says Sassuolo director Giovanni Carnevali and Arsenal chief executive Gazidis are also under consideration.

Elliott Management founder Paul Singer has a son who is a big Arsenal fan and knows Gazidis from visits to their games.