The 2024 summer transfer window has closed and that allows for some comparisons to be made on the squad costs of each supposed contender in Serie A.
Calcio e Finanza have reported the figures, noting an increase in spending for the 2024-25 squad due above all to incoming market investments, and providing a comparison with the two main rivals Inter and Juventus.
The cost of Milan’s squad has seen significant growth at the start of the new campaign as it has increased by approximately €20m compared to the 2023-24 season (+12.9%), going from approximately €155.2m to €175.1m .
To estimate the impact on the budget – including those permanently present in the squad, those loaned and those who arrived on loan – Calcio e Finanza considered the gross salaries (when paid by Milan), the amortisation quota for each individual player and any costs related to players arriving on a paid loan.
The main factor that weighed on this increase were the investments made by the club on the incoming market, with higher costs of approximately €50m, not sufficiently compensated by the lower costs from exits (approximately €16m, without considering capital gains and loan revenues).
These are expenses that Milan was able to sustain thanks to their excellent economic and financial health, with the Rossoneri club’s balance sheet set to close with a profit also in 2023-24 after registering one the year prior.
We published a further breakdown of Milan’s 2024 summer mercato on our Substack, while Calcio e Finanza report that – despite the growth – the Rossoneri still remain behind Inter (by €25m) and Juventus (by €50m) in terms of squad cost for 2024-25.
And yet we are behind inter and juve by miles
Inter pays way better money for its key players and we still trail only by 25M€? Furlani is a f*ng banker, how the f has this happened? Oh right, Origi, Ballo-Tourette and other deadwood Inter doesn’t have.
Both hired by Maldini and before Furlani took the CEO position. Each club has it’s nasty transfers and fans have to live with it… At least clubs start to show some sense and spend more wisely. Look at the free transfers still on the market. Add to that what’s left of the ‘second first team’ Chelsea keeps on their training grounds. At one point their outcasts had higher valuation than our first team…
The wise fulani make milan achieve less cost than inter and juve. You are great furlani.
We NEED Maldini back… that’s the reality
Any competent director will do..no need to be so dramatic. Maldini is gonna and will stay gone, accept that and move on already
With Jive you can’t compete their mercato with us . They spent 144m and we spent 71m in mid to good players. Only pavlovic for now is solid signing juve has the best mercato in serie a because they actually want good players not mid and just promising players
Juve are far far ahead from the rest with their commercial revenue. In 2023 we make +20M from tickets, +25M from TV rights, but commercial revenue is -100M compared to Juve. Actually Inter+Milan sell less merch than Juve. That’s what you see as a gap in salaries, i.e. lower cost targets. So I understand part of the complaining, but in order to spend more, you need to generate more – that’s why this bunch of corporate losers prioritize on its marketing activities and tries to play low on the market.
This is not a charity, if my money is on the counter, I would prefer their low-risk policy. What is the guarantee that the project will be successful if we spend on big names? Worked out for City’s CL glory, right? They just needed 7 seasons with Pep and all the money in the world. Worked out great for Chelsea as well, they’re probably the favorites to win Conference league this season.
Juve has Giuntoli, Milan has Ibrahimovic and Furlani. That is the difference. AC Milan net spend around 40M this season. Juventus 60M. They got Koopmeniers, Douglas Luiz and Thuram + more. Only Koopmeiners is worth more to a team than all of Milans signings this season. Not to mention Luiz. Kalulu great player. Milan is at the same moment buying Emerson Royal for 15M+.
This is the difference when you have a pro with experience doing their job or when you put ex footballer and ex banker to do the same job. No, it is not the same and the difference is quite visible.
Your City comment is not serious right? How much did City make before and how much do they now’ Did they improve their commercial income by being frugal or by spending? It doesn’t work, Milan will not get to the top like this. Liverpool tried and then big transfers came and they won CL and Premier League.
Don’t get me wrong, I agree with most of what you say, especially with Kalulu/Royal example. I am not saying we have made the best purchases and have the best managers. But it’s a fact Juve earn much more in a bad year than Milan and Inter in a good one. That gives them freedom to propose higher salaries as well.
However, be serious – how many clubs can do what City does without consequences from FIFA/UEFA and how many are backed by literally unlimited chest of black gold. They have 100+ cases against them for breach of FFP rules and give 0 fako. 3 years ago we were in position if we spend more than 30M in the summer, we are out of CL and we even conceded 1 year of Europa League before that.
City project, PSG are examples of all that is wrong with modern football and before that it was Chelsea. Pet projects of insanely rich people (or countries).
Also, don’t know why people believe Zlatan has much of a say – he is PR and connection between the team and the management, with added bonus he can be mentor for some.