MN: Almost €30m cut off the wage bill in 2020 as Milan continue important trend

By Oliver Fisher -

AC Milan are set to make further cuts to their wage bill continuing the trend they have established so far in 2020, according to a report.

MilanNews report how from January up until the present day, Milan have managed to sell the following players, in order: Suso (for almost €24m in capital gains), Borini, Piatek, Rodriguez and, shortly, Pepe Reina.

The last four names will not bring big money to the budget in terms of transfer fees (Piatek’s sale did not generate much capital gain) but gross savings on salaries is significant.

Reina and Rodriguez will allow the Rossoneri to relieve the wage bill by €10m growth, and the departures of both Biglia and Bonaventura means another €6m gross off the books.

With the exception of Donnarumma and Romagnoli, Milan now have no other net salaries exceeding €3million. Calhanoglu could be added to that considering he is likely to get a pay rise in his new deal, while the cut in gross salaries this year (almost €30million) will be part-used to fund Zlatan Ibrahimovic’s new one-year deal.

The summer window will not be crazy for Milan, but the possibilities to operate and invest are there thanks to the trimming of the squad. More sales could come, but in theory the club can afford a purchase, especially when remembering that Bakayoko should arrive on loan which would not immediately impact the budget.

Tags AC Milan