Tuttosport: Milan allocate budget for the January transfer market – the figures

By Nikita Fesyukov -

The summer transfer market has come to an end, but the AC Milan management is constantly working to try to reinforce the squad at Stefano Pioli’s disposal and are already making minor preparations in view of the January transfer session.

Yesterday the club announced a 195 million loss in a year of many difficulties for football clubs amidst the Covid-19 pandemic, as the industry lacked revenues from stadiums, television rights and more.

For this reason, as pointed out by Tuttosport (via milanlive.it), the Rossoneri will have to continue containing costs and begin to work on a repayment plan to convince UEFA, given the usual grip of Financial Fair Play regulations.

In the meantime, the club has decided on the amount allocated for the next transfer market. To eventually improve the squad, Maldini and Massara will be able to spend around 16 million euros in January.

A sum far from substantial, but this is the current reality. The budget could eventually rise in case the management sells some players, with the revenues from sales to be reinvested in potential other transactions.

 

READ MORE: Theo Hernandez hails Pioli, targets derby win and reveals what he will do in case of UCL qualification

Tags AC Milan Notification