MN: 16 days and around €60m spent – how Milan’s business affects 2023-24 accounts

AC Milan have been one of the most active clubs in the summer window so far as they have made four signings with a fifth to follow next week.

MilanNews writes that Milan sold Sandro Tonali to Newcastle United for a figure of €80m including bonuses and when factoring in the signings of Marco Sportiello, Ruben Loftus-Cheek, Luka Romero, Christian Pulisic and the imminent arrival of Tijjani Reijnders, the amount spend reaches around €60m.

However, an important aspect to consider is not the overall amount of the transfer fees but how much it will cost in amortisation for next season, as well as the cost of the gross salary.

Below is how much each players will cost for 2023-24, including the cost of the fee, salary and annual budgeted cost (which is calculated by adding the annual depreciation to the gross annual salary).

Marco Sportiello

➤ Transfer fee: free
➤ Net salary: €500k per year
➤ Cost: €900k

Luka Romero

➤ Transfer fee: free
➤ Net salary: €500k per year
➤ Cost: €900k

Ruben Loftus-Cheek

➤ Transfer fee: €16m plus €4m bonuses
➤ Net salary: €3.5m per year
➤ Cost: €8.55m

Christian Pulisic

➤ Transfer fee: €20m plus bonuses
➤ Net salary: €4m per year
➤ Cost: €10.2m

Tijjani Reijnders (imminent)

➤ Transfer fee: €20m plus bonuses
➤ Net salary: €1.8m per year
➤ Cost: €7.34m