AC Milan’s Financial Fair Play position has improved in the eyes of the UEFA to the extent that they will not be affected by the latest lot of sanctions.
The Times reported earlier today that UEFA are preparing to announce sanctions in the coming month for 10 clubs who have breached FFP rules up to 2020-21. Juventus, PSG, Marseille, Inter and Roma are involved and while fines are expected for PSG and Marseille, transfer restrictions could be imposed on Inter and Roma.
UEFA will issue sanctions for 20 European clubs for violating the rules of Financial Fair Play : Milan is not among these . According to reports from the English newspaper The Times , Juventus, Inter and Roma are involved in Italy.
As PianetaMilan recalls, Milan was one of the clubs most affected in the early years of the implementation of Financial Fair Play, also having to renounce participation in the Europa League in 2018-19 for not respecting the required criteria.
However, things have now changed for the better. Under current UEFA rules, a team can only have €30m in losses over a three-year but that is restricted to the men’s first team, i.e. not including youth spending and on the women’s team.
Under Elliott Management Milan have drastically improved their balance sheet, going from a loss of €194m in June 2020 to €96m as of June 2021. The club are therefore closing in on the €30m loss target and expect to be closer to it again this year.
Milan are one step away from re-entering the parameters of UEFA Financial Fair Play with the positive recovery trend evident, and the club have also made it aware that being excluded from the 2018-19 Europa League was due to an economic-debt situation that was inherited from the old owners.
This is why Milan are expecting at most a fine from UEFA, so Elliott Management will hand over to RedBird Capital and Gerry Cardinale a club that is in much better health than even two years ago.
So where are all the ppl who have been demanding Milan spend 100 million euros?
💯
If the owner who can spend 100 m they can easily adjust that amount to their accounts through sponsors…plz read man city case the worst you would get is a fine or transfer ban….there are many many ways I am not saying you pay 50m salary to your players like psg well then even with those infalted sponsors you are bound to get smacked up…I feel sorry for our league at the end of the day it will be italian clubs or barca who gets to face the music…..
Absolutely nowhere to be seen
I did mention before the transfer window opened that i would expect a transfer kit in the vicinity of 100 mil which should have been within our means but i havent made any demands or for that matter complained about the matter as the final judgement should come when the market actually closes down again.
22-23
Expenditure: €39.20m
Income: €13.05m
€-26.15m
21-22
Expenditure: €78.70m
Income: €5.50m
€-73.20m
20-21
Expenditure: €34.42m
Income: €47.95m
€13.53m
As we just won the scudetto and had played in cl and also had a lot of spectators in the stands all year compared to the pandemic close down i still believe it could have been within our means,
In the end it could also mean that redbird will actually invest in january when they have fully financed the takeover as the world cup and the packed fixtures could offer both opportunities
in the market while also giving us the chance to reflect on where to invest by then.
1 thing though had we not gotten de ketelaere whom i consider one of the most interesting transfers of european transfers this summer i would be pretty furious about this mercato.
Martin say it’s you demanding 100mil spending without saying you demanding 100mil spending 😂😂😂😂🤣🤣
Are you freaking kidding me or are you just splitting words for the sake of it as theres a difference between expecting something in the vicinity of an ammount of 100 mil in regard of our last 2 transfer windows and the following financial improvements due to cl participation and wining the scudetto and having people in the stands than sitting here day in day out complaing about the management or ownership in regard of spending power. I have never done that and ive supported the management from day one and will do that regardless of how this transfer window and if you cant understand that then its not really my problem.
regardless of how this transfer window goes…..
Relax bro. No need to get your panties in a bunch 😂😂
Ain’t nobody reading that essay🤣🤣🤣
“i would expect a transfer kit in the vicinity of 100 mil” that’s all I needed 😂😂😂
The stuff you accuse me of in your first reply is completely gibberish and if you dont know that then you are a freaking idiot. stop wasting my time anyfurthe because you either cant or wont have a sensible conversation.
File this under r/whoosh
It’s not that serious
I dont give a damn whether you are serious or not if you cant have a sensible discusion do us both the favour and avoid my posts in the future because im not here to waste my or anyone else’s time but you apparentlly are as you doesnt bring anything to the table besides of your obnoxious attitude and lack of any value to your replies. I was serious though, you are a freaking idiot.
U mad bro?
U want a real conversation? Sure.
You literally mentioned u expected a transfer kitty of 100m, why? Did u not read the article? It’s says we’re 96m in the hole a year ago and more prior. So by that, it would mean we need to sell a couple players to make the shortfall because our revenue streams cannot make up for it. So we sell Leao or whoever and not replace them. That’s what a normal company would have to do but we have Elliot our saviour who now has to pour that in out of their own pockets which doesn’t reflect what Milan can actually afford..so for you to come and EXPECT 100 is simply stupid and shows your piss poor understanding of finances. It’s such an unreasonable expectation that’s driven up by media, stupidity and/or by the idea that we won the scudetto that we’re somehow beholden to improving the squad beyond our financial means.
Secondly, your expenditure and income numbers are fictitious nonsense not to mention came out of the blue in the context of ur message…the article already states the overall P&L amounts. What u probably have there is transfer activity P&L which u made up and which is useless in the context of FPP anyways.
“we just won the scudetto and had played in cl and also had a lot of spectators in the stands” yet our accounts say that we’re $96m in the hole meaning we’re not making as much as you think we are. Btw Scudetto only accounts for 23-24mil. You’re thinking it’s big money, it isn’t.
Not alot, esp since the teams from Championship coming into Prem gets like 50-100m.
I usually don’t entertain gibberish. It’s probably why I choose not to say anything serious to u.
PS this is why I just keep it jokes because you won’t win a battle of actual football conversation with me esp with the nonsense u just posted. Its just hilarious to me seeing idiots post on this forum and have no financial sense
Those people are clueless as Fvck 👎
well one thing is that milan is fair and nice club as they didnt violate rules thats why i like the club
“Under Elliott Management Milan have drastically improved their balance sheet, going from a loss of €194m in June 2020 to €96m as of June 2021”
I think I’ll be posting this everytime I see ppl complain about the transfer budget and there are lots of them
Imagine they even won Scudetto without crossing those red lines. Excellent work by Elliotts, Gazidis, Maldini, Massara and Pioli. It is better to move slowly in the right direction rather than rushing at the speed of light into another financial trap.
Good, you need to remind those clueless as Fvck people
It’s not the league. It’s the country with its rigid and outdated laws concerning team-owned stadium development. Look at Juve with it’s fully owned stadium of 40k seats raking in 100+m revenue. Then come to Milanese teams with a 70k seat stadium struggling to hit 80+m in revenue! So, whereas the league has some of the staunchest fanbase, the calcio league culture is built for only match-day atmosphere, not round-the-clock business growth thru team-owned, all-round stadium engagement. That’s where the money is.
Yes and until Italy win the hosting rights to the World Cup or Euros, nothing will change. Local councils have too much power.
So does a team like barcelona who are over a billion dollars in debt, have just spent 200m in this transfer window just get a slap on the wrist? This shows how corrupt this ffp system is. All it does is give money to them. The smaller teams suffer while the bigger teams gain from it. A team like city and utd who take losses every single year, have not won anything ever don’t even get mentioned. An absolute joke
Note FFP doesn’t care about debt, it cares about losses and revenue.
Again, it comes down to “what are the losses?” “What are the circumstances for those losses?” and “What are they doing to improve the situation?”.
I think Barca will fall foul of this round of sanctions, but they’ll be given various COVID dispensations that will avoid them a ban. I think they should be banned but it’s important to note that their revenue in non-Covid years is very high and this is what they’ll say their spending is based on.
The SHOULD be banned but since it’s Barca they’ll just get a gentle snap on the wrist – with an apology. Barca will basically walk away without any real sanctions. Mark my words.