Gazidis expected to quit Gunners for Milan as speculation mounts
Arsenal chairman Sir Chips Keswick insists Ivan Gazidis is "fully committed" to Arsenal but did not deny reports the chief executive will be joining AC Milan.
Gazidis, who has been in the role at the Emirates Stadium since 2008, has been heavily linked with a move to the Serie A club in September following their recent takeover.
The 53-year-old is currently in Singapore on the club's pre-season tour, working closely with new manager Unai Emery.
Gazidis was instrumental in bringing the former Paris St Germain boss to the club this summer after deciding to end the long-lasting reign of Arsene Wenger.
Chips said in a statement: "We are aware of the speculation surrounding our chief executive Ivan Gazidis.
"We know he receives many offers from organisations inside and outside the game as he's a hugely respected figure.
"He has never accepted any of these opportunities and has never spoken about them publicly.
"He has always been fully committed to taking Arsenal forward and is currently working hard in Singapore with our new head coach Unai Emery as we prepare for the new season."