Scaroni confirms Milan ‘have spent €70m’ this summer and discusses stadium project

By Isak Möller -

AC Milan will start their season in one week’s time and as opposed to recent years, the feeling heading into the new campaign is very positive. And that is partially thanks to the amazing work of the Rossoneri owners. 

As was highlighted by MilanNews yesterday, despite what has been a very tough 2020-21 fiscal year due to COVID, Milan went from €195m (19/20) in debt to just €100m on the balance sheet. A sign that the Rossoneri and Elliott Management are doing it right.

And now Milan want to take the next leap in making the club a profitable one, with a lot of responsibility falling on the shoulders of Paolo Scaroni. The Rossoneri president has been working hard on the stadium project, which remains a key for them.

In a long interview with Corriere Della Sera, as cited by MilanNews, Scaroni spoke about the current situation of the club and the future. He also reiterated that a new stadium is an absolute necessity not just for them, but all Italian clubs.

In this transfer window, Milan lost Donnarumma…

“I note that Milan have spent 70 million in this window. It’s true, however, that the Italian teams are less active than those of the other leagues. And here we need to make an argument: first, the mercenaries are now rarefied. Second: as long as we have obsolete stadiums and it takes incredible bureaucratic delays to make new ones, we will remain the like this.”

There was also talk of the new stadium in Milan…

“In Milan, now, we are in the electoral era, but I don’t see anyone opposing it. Not the city council, which has studied the project carefully and reconfirmed its intention to proceed with the green light after we have completed the 16 different requests. The opposition also seems favourable. I hope for a quick approval because two years have already passed since the presentation of the project and things are being done in Milan.”

An eye also on the Rossoneri’s balance sheet…

“I can say that the 21/22 result is better than that of 20/21, which was better than 19/20. Our goal is to have a Milan that generates cash: we are beginning to see it. We have entered into 20 new partnerships.”

If Champions League is the goal…

“It always is.”

READ MORE: Calabria on Milan vs. Panathinaikos: “We played a good game and had fun” – video

Tags AC Milan Paolo Scaroni
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