AC Milan have already taken steps to start getting their balance sheet in a better and more healthy state, according to a report.
Calciomercato.com note how CEO Ivan Gazidis has been chosen by Elliott Management Corporation precisely for his ability to balance revenues and investments.
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In January there was the first cull as Suso (savings of €5.3m gross and capital gain of €20.4m if he leaves permanently), Borini (€4.3m savings plus €3.6m of depreciation), Piatek (€1m capital gain, €3.1m salary), Reina (€3.7m salary), Rodriguez (€3.7m salary) and Caldara (€6m salary).
New cuts are already on the horizon for Ivan Gazidis starting with the double departure of Lucas Biglia and Jack Bonaventura, who earn respectively €6.1m and €3.5m gross. Zlatan Ibrahimovic will probably follow them too.
Capital gains will also be important and Davide Calabria could depart, which would contribute a pure profit for the balance sheet given he is an academy product.
It will also be essential to reach the Europa League, which guarantees around €15-20m. The next steps after that will be to reach Champions League, get new sponsors on board and revenues from the new stadium.
