AC Milan are prepared for their wage bill to rise once again having trimmed some salaries off the books under Elliott Management so far, a report claims.
This morning’s edition of La Gazzetta dello Sport (via MilanLive) takes a look at Milan’s strategy under the ownership of the American fund and remarks that the club are improving their accounts so that they can continue to invest sustainably on the transfer market.
The owners have invested a lot this season to make the squad competitive – spending €70m during the summer when factoring in new signings and making loans permanent – but they managed to lower the wage bill as well.
The paper speculates that the wage bill will grow again though and that the figure of €100m (per year in cumulative salary) will be broken with the renewals of Theo Hernandez, Ismael Bennacer and Rafael Leao on the agenda.
The three players are currently under contract until June 2024 and earn about €1.5m net per year, and their salary will at least be doubled. There will also be an extension of Simon Kjaer’s contract, which appears to be a formality, as well as Alessandro Plizzari and Matteo Gabbia.