BergamoNews: Atalanta’s accounts reveal true figures of De Ketelaere deal

AC Milan allowed Charles De Ketelaere to join Atalanta during the summer transfer window and a report claims to have the official figures of the operation.

According to BergamoNews – who claim to have access to Atalanta’s accounts from 1 July 2022 to 30 June 2023 – the real figures of De Ketelaere’s loan move have been revealed.

The formula is a paid loan costing €3m plus an option to buy set at €22m and a further €2m in bonuses, thus making a total of €27m.

In his first and presumably only season at Milan, De Ketelaere had made 40 appearances in the league and cups with one assist to his name. So far with La Dea he has played 17 games, scoring two goals and providing three assists.

Milan purchased De Ketelaere from Club Brugge in the summer of 2022 for €35.5m (these are the figures recorded in the accounts of the Rossoneri). The player signed a five-year contract, until 30 June 2027, worth €2.2m net per season.

Therefore, CDK cost Milan exactly €9.98m when factoring in the annual amortisation of the transfer fee (€7.1m) and the gross salary (€2.88m, with the Growth Decree).

After another year of amortisation in the summer of 2024, the residual value will be €21.3m which means that Milan would make a capital gain of €700k in the event he is bought by the Bergamo club.