Some more details regarding the salary cap that CEO Ivan Gazidis wants to impose at AC Milan have reportedly been revealed.
Given the poor financial health of the club, Elliott Management have set about trying to clean up the balance sheets and in particular the sizeable wage budget they inherited which is littered with bad contracts.
As a result, the idea has been floated in the media which claims that Gazidis could impose a maximum salary per player in order to help slash that particular area of expense.
According to Thursday’s edition of il Corriere dello Sport (via MilanLive), the current wage budget comes in at just over €51million net, but will ease in the transfer market next summer.
The highest paid are Gianluigi Donnarumma (€6m net per year, expiring June 2021), Lucas Biglia (€3.5m until June 2020), Alessio Romagnoli (€3.5m until June 2022) and Zlatan Ibrahimovic (€3m until June 2020).
The departures of Lucas Biglia and Giacomo Bonaventura once the season ends are highly likely, while Ibrahimovic is also set to depart at present for what would be a significant saving.
Donnarumma without a renewal (which would have to be on lower wages), will be sold and therefore the wage bill would be further lightened.
Suso’s future must also be considered. He earns €3million-a-year and is currently on loan at Sevilla who have an option to buy, meaning his definitive departure could be a boost for the coffers.
Gazidis wants a ceiling of €2.5million net salary per season for each player, an amount that Hakan Calhanoglu currently earns and who faces an uncertain future, given that his contract expires in 2021.
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