La Stampa: Calhanoglu and others can be sold in January after Milan record €195m loss

By Nikita Fesyukov -

AC Milan are going through a fine period on the field, as Stefano Pioli’s team has gone unbeaten in Serie A since the league resumed after the lockdown. However, financially speaking it is more problematic, as the club announced losses of 195 million euros due to the pandemic.

The enormous losses are a result of the absence of box office revenues as well as the limited income from tv rights given the suspension of Serie A and the complete absence of football in Italy until May.

For this reason, Milan’s future transfer markets could also be affected, with the Elliott ownership looking to cut costs as much as possible in order to get the balance sheet of the club in a healthy shape.

According to La Stampa (via milannews.it), after the above-mentioned losses were confirmed, some representative players of the team, such as Hakan Calhanoglu, are now at risk of being sold during the January transfer market.

 

READ MORE: Marseille star has verbal agreement to join Milan next summer

Tags AC Milan Calhanoglu Notification

1 Comment

  1. Robert says:

    Selling marquee players is a short term balance sheet decision that would be absolutely disasterous for long term success for our beloved Milan. Elliot took the risk of being in the sports business, and although the pandemic is unprecedented in terms of impact upon the wider entertainment industry, they are either in this for the long term or the short term. A sell off of valuable players in the winter transfer window will tell supporters all they need to know. It’s either forza balance sheet or Forza Milan!

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