The 69-year-old announced on Friday that he would be leaving his post after 27 years at San Siro but the ex-Prime Minister claims he will form a partnership with daughter BarberaAC Milan owner Silvio Berlusconi has stated that Adriano Galliani will remain as the club's CEO in a join capacity.
Galliani announced on Friday that he intends to stand down after next month's Champions League clash with Ajax, admitting that he was upset with the manner of his imminent departure after 27 years at San Siro, amidst reports of a falling out with Rossoneri director Barbara Berlusconi, daughter of Silvio.
However, despite being unable to make an unscheduled press conference on Saturday, Silvio announced via the club's official TV channel that, after the pair had held conciliatory talks on Friday evening, Galliani will stay as the club's sporting CEO, with Barbara Berlusconi taking charge of the social side of San Siro.
"Tranquillity has returned to Milan," the former Italy Prime Minister told Milan Channel. "Adriano Galliani remains in place, like all the others.
"The only reason I could not go to Milanello [for the press conference] was because of the bad weather.
"Adriano Galliani is much more relaxed after the dinner we had at Arcore last night."
"I am happy to report that we have found a coporate agreement to include two CEOs: Adriano Galliani in charge of the sports sector, and Barbara Berlusconi taking charge of other areas of social activity. For my part, I promised to be closer to the company and the team," Berlusconi later added to reporters.
Galliani later appeared to accept the comments of the former Italy premier, stating: "The words of president Berlusconi are sacred, I do not have to confirm them."
Milan currently sit 13th in Serie A, but Massimiliano Allegri's men can book their place in the last 16 of the Champions League by avoiding defeat at home to Ajax on December 11.