Details have emerged regarding the contract extension that head coach Stefano Pioli signed earlier in the week.
Just as it appeared that the Rossoneri were destined for yet another summer revolution – one led by Red Bull chief Ralf Rangnick – everything did a U-turn on Tuesday night as Pioli instead put pen to paper on a new contract until 2022.
According to La Gazzetta dello Sport (via MilanLive), CEO Ivan Gazidis decided to stick with Pioli rather than go down the Rangnick route in order to give continuity to a coach who is providing entertaining football and excellent results having created a real squad harmony.
The newspaper adds that the extension until June 2022 provides for a net value of €2million per year plus a bonus of €500k in the event of qualification for the Champions League.
Furthermore, owners Elliott Management and Gazidis have assured him that he will have a say in the transfer market. Pioli’s opinion will count in the choices regarding Milan’s purchases and sales – a very important certificate of esteem.
Calciomercato.com reporter Daniele Longo meanwhile is reporting on Twitter that it is in face a €2.3m-a-year fixed net salary for Pioli.