Two delegates of AC Milan’s leadership will be present in Switzerland to talk about the club’s Financial Fair Play situation, a report claims.
According to today’s edition of Tuttosport (via MilanNews), Milan’s CEO Ivan Gazidis and Giorgio Furlani – a portfolio manager for Elliott Management and a member of the Milan board of directors – will be in Nyon today to speak to UEFA as part of the update on Financial Fair Play.
The club have been working for years to improve the accounts which were left in a very worrying state after the previous ownerships, and the aim is to avoid any sanctions despite the fact that club were over €90m in losses for 2020-21.
It must be noted though that the progress is there for all to see, as the Rossoneri virtually halved their losses from 2019-20 and seem to be on a good path aimed at streamlining costs and investing wisely to create a virtuous cycle, all while revenues rise.
