MN: AC Milan have made €50m worth of budget cuts in 2020

By Isak Möller -

The subject of salaries and renewals, at AC Milan, is of great importance. The focus is mainly on Gigio Donnarumma and Zlatan Ibrahimovic – the first will expire in 2021 and the latter in two months. 

For the Rossoneri, it would be a sign of strength to lock down the two this summer, considering their importance to the team. Donnarumma currently earns €6m net per year while Ibrahimovic is at €3m.

It shouldn’t be excluded that even a small reduction could convince the duo, as MilanNews.it reports, especially because of the Coronavirus situation. However, Milan shouldn’t have high hopes for bigger reductions.

The contracts of Lucas Biglia and Jack Bonaventura will also expire in the summer, and as the Rossoneri won’t renew them, they will consequently save €5.5m net. This is almost an entire year of Donnarumma’s current salary.

The Begovic, Kjaer and Saelemaekers are all less than €1m and it’s also possible that some of them could stay. However, the sales of other players will make the difference: Kessie (€2.2m), Musacchio (€2m) and Paquetà (€1.7m).

Should the three above depart, then Milan would save around €12m gross. Already in January, the Rossoneri made important cuts by selling Piatek while loaning out Caldara, Suso, Reina and Rodriguez.

Rodriguez and Reina will return to base but most likely, they will move again. All of these transfers have cut (and will cut even more) around €24m from Milan’s budget and if you add the redemptions and possible sales, it goes up to €50m.

In the face of all this, keeping Donnarumma and Ibra, at least economically, would be possible. However, it remains to be seen which strategy Milan will go with.

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Tags AC Milan Ivan Gazidis