The Old Lady confirmed the news that Gigli will be moving aside.
Gigli took over after the 2006 match-fixing scandal where Juventus were demoted to Serie B.
“Blanc will be the new executive president,” confirmed Agnelli heir John Elkann.
“I want to thank Cobolli Gigli for these three very difficult years, in which he has given so much.
“On 12th October Blanc will be nominated the executive president and assumes both roles.”