When hard-nosed US hedge fund Elliott Management suddenly found itself in control of an ailing AC Milan, it became the owner of a fallen star of European football. But as the FT’s James Fontanella-Khan explains, changes made at management level, and in player recruitment strategy, have transformed the fortunes of the club, both on and off the pitch. #football #acmilan See if you get the FT for free as a student (http://ft.com/schoolsarefree) or start a £1 trial: https://subs.ft.com/spa3_trial?segmentId=3d4ba81b-96bb-cef0-9ece-29efd6ef2132. ► To learn more, visit our website - https://channels.ft.com/en/ft-scoreboard ► Watch more videos from this series here -    • FT Scoreboard   ► Check out our Community tab for more stories on the economy. ► Listen to our podcasts: https://www.ft.com/podcasts ► Follow us on Instagram: https://www.instagram.com/financialtimes'