AC Milan’s owners Elliott Management Corporation are ready to invest in the squad in the January window despite the loss in revenues, a report claims.
Milan ended the 2019-20 financial year with €195m in losses, which is in large part due to the lack of matchday earnings as a result of the Coronavirus pandemic.
Despite the contraction in revenues, MilanNews reports that the club are ready to invest in new purchases in order to continue the path of growth that the team are currently experiencing.
However, there are a couple of renewals to sort first. Contacts with agent Mino Raiola over a new deal for Gianluigi Donnarumma have intensified in recent days and there have been some small steps forward.
Another meeting is expected shortly with Gordon Stipic, the agent of Hakan Calhanoglu. The playmaker has given his Milan priority but must revise his economic demands.
The report goes on to mention that Florian Thauvin is only one of a few free transfers that Maldini and co. are following. The idea for next season is to strengthen by looking at the opportunities that are cheap.