AC Milan were the leading team in Serie A when it comes to amount spent on incoming transfers, and the squad has been rejuvenated because of it.
This morning’s edition of Corriere dello Sport (via PianetaMilan) published an interesting insight into the summer transfer market session conducted by Milan under the management of Giorgio Furlani and Geoffrey Moncada.
Milan spent €134m when factoring in the fixed amounts (€113m) and bonuses (€21m), a sum that goes far beyond the money collected from the sale of Sandro Tonali to Newcastle United (€70m).
All 10 signings made by Milan in the summer window and none were loans, which is a nod to the €15m in profit tht the 2022-23 acciunts yielded, and that the amortisation of the signings amount to around €45m.
Furlani and Moncada have reinvested the ‘income space’ created in a season with clearly growing revenues (+30% compared to the previous year).
Beyond the numbers, the Milan market seemed productive also and above all from a quality point of view. The right wing has been completely overhauled and the midfield rebuilt too.
All of this was done without raising the overall cost of the squad. In fact, the depreciation of players increased by €15.6m, but the gross cost of the wage bill decreased. Around €44m was freed from departed players, then €33m taken by those who arrived.
Therefore, the total negative impact (salaries plus depreciation) will be limited to €5m, on a 2023-24 budget which will benefit from €60m of capital gains for the sale of Tonali, albeit with a €2.2m capital loss due to the departure of Ante Rebić.
Overall, the 2023 summer transfer session confirmed the approach adopted by Milan in recent years: attention to the use of resources, continuous but sustainable recruitment, aimed at technical and sporting growth.
The ‘Moneyball Effect’ is not fishing for unknown players with a computer algorithm, but rather maximising the expected performance using statistical methods. By adding a variable – economic – to the algorithm, in order to maximise the return.
The interest of fans and owners goes hand in hand. There can only be an economic return if the team wins. This is why a progression of investments on the market can be expected if Milan’s results and its overall growth are satisfactory.
Furthermore, considering how Furlani and Moncada wanted to spend €18m for Mehdi Taremi in the end of the market, it suggests how the Devil could have saved that money for January or June 2024.
I don’t know about the rest of the fans, but I’m not afraid if we’re without Theo or Leo because I know those two will bring someone who will be at their level for the season
A historic team like Milan, 7-time UCL winner with multiples Ballons d’Or, should be ashamed when it loses its best players and especially when they are among the best in football. That’s how feeder clubs function.
Crazy that football has become such a business and that fans endorse it.
Yes we should sell our souls to UAE, bribe UEFA to get out of FFP just so Milan can spend 300m/year and you can go brag on twitter
Thats how you want Milan to function lmao, no soul nothing, just needs to spend money.
Gladly your soul is very safe in the hands of Wall Street’s magicians my dear Boulden.
Still 100 times better than UAE, there’s no slavery, been abolished over a 100 years ago
how many people gave their lives for the recent world cup, hmm? not gonna talk about that since it doesnt fit your narrative that Milan needs to be Oil FC
@Boulden Are you really talking about the UAE here?
Everything you say is true, but I went to the point that I believe in their work 100% at the moment and that I have no doubt that if those two leave, and I hope that they will not succeed, they will be replaced successfully
Yeah I got your point, I respect your faith but as Yelnats said it was easier to replace Tonali than it would be for Théo and Leao, both gamechangers.
Yet we replace tonali with Lord Krunic, thats the reality
No offense for Krunic, he is the only player who doesn’t complain anywhere in the team.
Its the management who haven’t found a defensive midfielder even though after spending 120+million
Honestly speaking, replacing Tonali is easier than Theo/Leao. Though it hurts more to see Tonali leave
Is Cardinale just feeding endless stories to the media?
His work is based on media branding. It is similar to how real madrid work. Be patient with the endless stories, eventually Milan will become a huge brand. 😅
Real Madrid have a squad that have been together for years.
This lad dismantled a Scudetto winning side.
We’re no Real.
does it annoy you to read Milan related stories in a Milan blog?
You insane?
“The ‘Moneyball Effect’ is not fishing for unknown players with a computer algorithm, but rather maximising the expected performance using statistical methods. By adding a variable – economic – to the algorithm, in order to maximise the return”
….
“Furthermore, considering how Furlani and Moncada wanted to spend €18m for Mehdi Taremi in the end of the market, it suggests how the Devil could have saved that money for January or June 2024.”
So contradictory. If you trust Moncada and Furlani to sign Chuk,.Puli and co then you should also trust them when they sign Oldremi. After all they’re maximizing their returns aren’t they? /s
Outstanding job by Milan management this summer.