GdS: Milan’s transfer budget has decreased – the new figures from Elliott

By Isak Möller -

AC Milan are preparing for the summer transfer window, which certainly will be very different from what we are used to. The season will be ongoing at the same time, meaning signings can’t arrive straight away. 

According to Gazzetta Dello Sport (via, before the Coronavirus crisis took its toll, Elliott Management had set a transfer budget of €100m for the summer. A figure that certainly would have been enough for Ralf Rangnick to work with.

However, Milan have been forced to make some savings due to the crisis, and thus the budget has dropped to €75m. Half of the money earned from sales will also be available for the directors, making the drop less significant.

Rangnick and the top management of Elliott will have a summit soon to discuss the upcoming project, per the newspaper. In other words, the German manager is destined to become the new manager of the club.

READ MORE: Milan could offer €15m plus player for Benfica starlet – the details

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