AC Milan's search for a new CEO continues as the club navigates a complex transition phase.

The current administrative structure, led by Massimo Calvelli, is temporary and requires a definitive solution.

Calvelli has been granted powers of ordinary and extraordinary administration, as well as institutional representation.

The latest updates from the company registry reveal that Calvelli has signature authority up to 10 million euros, with a higher threshold for certain transactions.

Outgoing CEO Furlani remains in charge for now, but his position is effectively under review.

The club's ownership, led by Gerry Cardinale, is expected to make a final decision on the new CEO soon.

The appointment of a new CEO will enable the club to operate more smoothly, particularly in terms of major transactions.

Until then, Calvelli's powers will continue to facilitate the club's activities, including the ongoing search for new technical and sporting directors.

The club's focus on strengthening its leadership team reflects its commitment to success on and off the pitch.

The situation highlights the challenges of navigating complex bureaucratic processes while maintaining momentum in the football world.

Milan's fans will be eagerly awaiting news of a new CEO and the impact it will have on the club's future.