Repubblica: Milan pulled plug on Rangnick deal due to frightening financial commitment

By Oliver Fisher -

There were a number of reasons that AC Milan’s management decided to turn their back on the idea of hiring Ralf Rangnick, a report claims.

Just as it appeared that the Rossoneri were destined for yet another summer revolution – one led by Red Bull chief Ralf Rangnick – everything did a U-turn on Tuesday night as Pioli instead put pen to paper on a new contract until 2022.

According to Repubblica.it, Milan were frightened by the economic commitment that would be needed to back Rangnick in the way he wanted. The German was asking for a €5.5m-a-year salary and wanted to bring seven members of staff with him.

In addition, Gordon Singer and CEO Ivan Gazidis analysed the last market Rangnick controlled for RB Leipzig, the main team among the Red Bull empire and they were startled by the fact he spent €100million, including €30m on Dani Olmo which looks far from a great investment at the moment.

Tags AC Milan Ralf Rangnick