Revealed: AC Milan reportedly set for summer budget over €140m

By Oliver Fisher -

Yonghong Li is ready to invest as the new Milan is now taking shape.

According to Carlo Festa of Il Sole24Ore, the new Milan owner is ready to dish out €145million into Milan this coming summer. Here is how this number will be divided: 

1. €55million will arrive from the Vienna bonds.

2. €60million will be available thanks to the second capital increase which will be authorized by the board of directors.  

3. €30million which can arrive from player sales (like Carlos Bacca for example).

This should allow Milan to have €145million available for this coming transfer window. Let’s not forget that they have practically closed an €18million deal for Musacchio and that they are close to also getting €28million target Franck Kessié of Atalanta. 

On May 18th 2017, there will be another board of directors meeting to confirm the second capital increase of €60million. 

Tags AC Milan Italy Mercato Milan News Rossoneri Serie A