In November, Milan are set to meet with UEFA over Financial Fair Play and there overzealous spending this past summer. Depending on how Milan do in Europe, Milan’s winter spending spree might be short-lived due to exceeding their spending limit.
Having spent close to €220 million over the summer on huge improvements for the squad such as Leonardo Bonucci, Andre Silva, Andrea Conti and other players, the club will need to pay penalties.
Fassone is hoping to work with UEFA and come to an agreement on 3-5 years to pay off their debts, which shouldn’t be too difficult for the new Chinese owners. However, if they can’t come to an agreement UEFA is set to unleash heavy fines against the club for deliberately breaking FFP rules.
Similar problems have hindered clubs like AS Roma and Inter Milan in their quest for world-class signings to help bolster their squad.