Out of all the clubs that will take part in the 2024-25 Serie A season, AC Milan are the one that have recorded the highest net spend in the past 10 years a study has shown.
Transfermarkt have published the full list of all 20 teams and how much they have spent since the summer of 2014, and the numbers make grim reading for Milan.
The Rossoneri have spent €1.04bn in that time, with a net spend of -€647.2m which means they have spent that amount more than they have received in transfer fees.
There are eight clubs who have a positive net spend, with Atalanta, Empoli, Udinese, Genoa and Verona all receiving over €100m more than what they spent on players in the past decade.
Looking at the two main rivals for the Rossoneri, Juventus have spent €1.65bn on players but their net spend is only -€483.1m. Inter have spent more than Milan too at €1.07bn, though their net spend is -€241.3m.
What it highlights is that Milan have partly invested that money on new players badly from a resale perspective, but also they did not receive what they should have for valuable players.
Gianluigi Donnarumma, Franck Kessie, Alessio Romangoli and Hakan Calhanoglu all left on free transfers and each under their own circumstances, meaning Milan got nothing when they should have got between €100-200m.
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yet from 2014-2020 we had one of the worst teams in top 5 leagues…
That’s madness because there’s a handful of 20-30m purchases that done any good. Also mad to think that teams like Chelsea have done close to that figure over 2-3 windows
If you think about it. Bonucci, Andre Silva, Caldara and Piatek. Thats 150M right there
And your mom was €1.
looks like you seek out my comments to try and troll. Its pathetic. Stop
Then again, a loser like you, this is the pinnacle of your day, a.
Your mom says hi and gave me change for the €1 I gave her.
Maybe it explains a bit why we need to maintain current course from our new fiscaly responsabke owners. We need to get Money we got from Tonali.
Also may explain why they oarted with Maldini with all due respect to him and the name
“Manchester United Co- Owner Sir Jim Ratcliffe said:
“Over the last 10 years, since Sir Alex Ferguson retired, the net spend on players at Manchester United is £1.1 billion ($1.4bn) and at Real Madrid, rather surprisingly, it’s £200m ($253m),”
The best run clubs in football sell almost as much as they buy, but we have fans losing their sh!t every time a rumor about Milan player being sold comes up. One dude who has Heir in his name even says that he’d rather have Milan players leave for free than being sold, because that makes Milan look like a selling club.
I guess one consideration in those stats is that Madrid had pumped huge money into buying a new 11 in the couple of years preceding these stats.
The likes of Benzema, Ronaldo, Bale,Modric, Kroos, Casemiro, Ramos, Varane etc etc were bought at great expense and stayed for a generation
They basically got there money back for Ronaldo when he moved on.
I’d say if you disected the previous 10 years stats Madrid would be majorly in the red.
Lesson here is, up front investment brings long term success, as opposed to throwing a few euro at the problem each year.
Chelsea have tried to do this, they just made a mess of it
They were pumping money even during these past 10 years. Outside of Modric and Carvajal, these are all new players that they play with. They weren’t cheap.
Jude over a 100m, Hazard over a 100 mil, Tchouameni 80m, even Jovic 60m, Mandy 50m, Vini, Rodrigo, Camavinga, Emdrick, Militao, are all around 50m. They still sell a lot of 1st team players and even more players from their youth team to generate money.
Theo, Hakimi, Odegaard are only few of the youth players they have sold.
It’s not just buying but selling as well.
The difference in negative net spending over the last 10 years is mostly from their 2 big transfer busts Hazard and Jovic. 2 players that gave them nothing, and they had to let them leave for nothing. They also got nothing from names you mentioned Benzema, Bale, Kroos, Ramos when they left, and they won’t get anything for Modric. Still only 200m negative net.
Proper investment and proper sales bring long-term success. Isn’t what ManUtd doing over the same period upfront investment?
The difference is that Real Madrid buys players based on the clubs project, not based on the current coach desires.
That’s why Zlatan said we need a coach, not a manager.
ManUtd now buys every player that has connections with Ajax or Netherlands. Before that it was what Mourinho wanted.
People keep using Yes man to describe coaches. There isn’t a bigger Yes man in coaching then Carlo Ancelotti.
Do you think he has a say in transfers?
Last season, he lost his 3 best CBs and the GKer, he played with midfielders in defense and never asked for another CB to be signed. Still won the title and UCL. If that was Conte, the crybaby, and idol to some fans because he b!tch and moans all day long, he’d asked for 3 new CB’s and a GKer, and wouldn’t stop complaining until he got them.
Good answer!
And also nevermind certain dudes, like one whose handle rhymes with culo, will casually insult anyone who dares argue that the club spends because it’s not “net spend” or whatever other BS twisting of the facts they can come up with simply because they hate ownership or can’t do math. I wonder what the response to this article will be? “Ok they spend, but they spend stupidly because they’re all stupid and greedy”? Or maybe “If Gerry and Foolani weren’t so stupid and greedy we could spend more”? Or maybe it’s “Transfermarkt are dumb Gerry loving clown children🤡🤡🤡🤣🤣🤣”?
Madrid spend huge & they also sell players in much lower price. what makes them good financially is they consistent winning trophies, selling tickets & merchandise also when they’ve expensive but great players they protect them made them as back-bone of the team (long-term contract) even if they must rise their salary. see the difference?
That maybe true, but what they mentioned here is only net spend on transfer. Meaning only transfer fee spent on buying player and transfer fee got from selling player.
It doesnt count the prize money got from winning trophies, selling merchandise, and salary. See the difference?
Have you seen Ac milan third kit? and the retoric that goes with it also THE PRICE😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂
Elliot /Redbird /💶💶💶💶💶💶💶💶💶💶💶💶💶💶💶💶💶💶💶💶💶💶💶💶💶💶💶💶💶💶💶💶💶💶💶💶💶💶💶💶💶💶💶💶💶💶💶💶💶💶💶💶💶💶💶💶💶💶💶💶💶💶💶💶💶💶💶💶💶💶💶💶💶💶💶💶💶💶💶💶💶💶💶💶💶💶💶💶💶💶
The two factors that make us worse than Inter & Juve on this table.
1. The crazy scattergun initial spending during the Li Yonghong ownership.
2. All the high profile players that left on free transfers.
You’ve got to take your hat off to Atalanta though. They continually keep producing top players for resale. They really do buy low and sell high.
so we’ve to choose, to be like Atalanta or Madrid right?
Chosen to follow the model of the most successful club in history? That is the aim, but it’s not possible yet. The current model is more akin to what Ajax used to do. Develop within. Once the new stadium is complete and revenues increase, we may see superstar signings, but the way the game is going, the days of high salaries are at an end. Spending is down across Europe. Clubs are trying to push players with high salaries that they no longer need through the door.
Basically I’m not advocating for either approach. Generally making the point that the timing of this set of figures paints us in a worse light than the current reality.
I.e. the current management are certainly not making excessive spending on players. Still buying pleny of players (as @Maldini’s Heir loves) but generally at hard negotiated prices. Leveraging the will of players wanting to come to Milan to drive down the purchase price.
And we seem to be getting on top of the contract situation that allowed so many quality players to leave for free in quick succession. Ironically the fiscal responsibility on wages exacerbated the chances of players not finding agreement to extend and leaving for free. But I think we are past that point now.
I don’t think we will look as bad in this type of analysis in the medium term.
The club can’t allow the same thing to happen now…this spending without selling led to a probationary period until 2026 for breaking fair play in 21-22 along with Inter and Juve…Sales need to occur…and EUFA would never sign off on an expensive signing (50M+) whereas Inter have made over 100M since the end of the 21-22 season in the market…so they have a lot more leeway.
I agree that management is doing very well for the position they are in, getting players at extremely reasonable prices and investing in young talent.
There’s been scatter gun spending by everyone in the last 10 years!
Last summer we signed over 10 players including 3 box to box midfielders and 3 RWs.
Well Pioli was supposed to be moving to a 433 and needed a bunch box to box midfielders. Then that thought bubble seemed to last a month and we moved back to 4231 which Fonseca seems to want to continue.
And we continue to keep sending out a midfield more suited to 433 in a 4231 formation each week. I don’t understand it. In the two transfer windows since Tonali was sold and Musah, Rjienders & RLC came in. We’ve done almost nothing to address having a bunch of midfielders that don’t fit the formation we want to play. Finally Fofana comes in and will hopefully be a better defensive double pivot. But he is still not an out and out DM.
Re the RW situation last market. We did also ship out two RW in exchange for two guys with better skills in their mid 20s and youngster on a free transfer. So I don’t have any issue with that part of our market.
It was ridiculous and I don’t know why people keep trying to defend it.
It wasn’t you who made the decision!
This is because we don’t know how to sell.
If we set aside CDK( apparently active in 2025) this window we’ve made around 7.5M and banking on % of sales helping out. m
Shocking actually.
Agree that we are not managing the outgoings well.
We mostly seem to be selling/loaning young ex academy players and struggling to move out non-Italian players that we really need to move on. Origi and FBT obviously. Plus one of Adli, Bennacer or RLC must go. As we just don’t have the space on our list for all of these non-Italian midfielders. We can only register 17 non-Italian players over the age of 23.
Again a non-Italian needed to leave the Defensive line to make way for Pavlovic. But instead of trading the floundering Thiaw, we traded the versatile Kalulu.
dont worry Maldini letting 200m worth of players off for free is not his fault at all, he is completely innocent because of his last name
Maldini stood up to mercenary scum and people like you sided with the scum.
Then Luis Campos should be publicly hanged under the Eiffel Tower for letting Mbappe, for many the best football on earth today, go for free.
Here’s a squad that would’ve cost us….
Maignan
Plizzari
Torriani
De Sciglio
Theo
Acerbi
Gabbia
Thiago Silva
RUBEN DIAS
Darmian
Calabria
Locatelli
Cristante
Pessina
RODRI
Leao
El Shaaraway
Bonaventura
BELLINGHAM
Verdi
Pulisic
Cutrone
HAALAND
Would cost about €426m…
Now clearly these figures are all made up and don’t include other transfers we’d have made in the period.
And, yes, the names in capitals are ridiculous. I’ve basically just picked the best players in those positions where we lacked over the years.
But had we not wasted sooooo much money trying to find players to play in the same positions as players we already had (some of whom cost us zero)…
Players like (maybe not even the actual players):
Plizzari
Torriani
De Sciglio
Gabbia
Darmian
Calabria
Locatelli
Cristante
Pessina
Verdi
Cutrone
that would’ve freed us up to spend big money on some key signings.
Also the likes of Thiago Silva, De Sciglio, Darmian and Cristante would’ve been at the club for over 10 years.
The club would have an identity. And consistency. And probably some world class players.
This has been a failure of EVERYONE.
Berlusconi, Galliani, Li Yonghong, Mirabelli, Maldini, Massara, Moncada or whoever.
They all lacked focus.
They all signed too many players, didn’t give existing players enough time, didn’t even bother with youth players, didn’t sign enough quality, and instead focused on endless quantity.
And the result is we spent a lot and have very little show for it.
But by all means keep demanding more of the same….
It’s not a secret that we’ve been really bad at monetizing on plauers sales.
But this table is kinda meaningless unless you include salary cost and agent fees.
Atalanta doing great business for serie A club , thats why they can fund their new stadium ( gewiss) . While ACM are opposite from atalanta. Atalanta also not blindly sell their player , they buying replacement with cheap price and lucky atalanta fans not demanding win trophy. While here in ACM just selling one player for high fee already crime for some fan here, initial nickname MH also comment : it is better that player leave free transfer rather than give owner profit . Fan in this site demand buying expensive player but when about selling they want as low even if that player go free transfer