Longo: Milan’s €45-50m summer budget causes slowdown – Maldini is ‘not happy’

The budget for the summer transfer window is one of the factors responsible for the slowdown in talks over Paolo Maldini and Ricky Massara’s contract extensions, according to a journalist.

According to Daniele Longo of Calciomercato.com, the proposed budget for the summer mercato from Gerry Cardinale and RedBird Capital – excluding the loan with options to buy and any possible sales – is €45-50m.

This is one of the reasons for the slowdown in recent weeks over the extensions of the directors’ contracts. They believe that with €45m they can not complete the squad in the way that they want, but the new owners wants to raise cash from player sales.

An agreement will be found because Maldini wants to stay, but he is ‘not happy’ with the situation and the budget that he most likely has to work with, which is much lower than the amounts of €80-100m previously circulated in the media.