GdS: Value of Milan’s starting XI rises €97m under Elliott – the three €50m men

By Oliver Fisher -

The value of AC Milan’s squad continues to grow as Elliott Management’s project goes from strength to strength, according to a report.

Today’s edition of La Gazzetta dello Sport (via provides a summary on the technical growth but also the economic growth of the players purchased by Paolo Maldini and Ricky Massara during the transfer windows they have been in charge of.

Thanks to their vision and Elliott’s investment too, there is now a group with the ability to fight for trophies right until the end, showing clear progress after a difficult last few seasons.

A trio of €50m men

Among the 12 players talked about by the paper, three have a valuation of around €50m at the moment. Fikayo Tomori is one of them and the club paid €29m, Theo Hernandez is another and he cost €20m, and Rafael Leao is the final one and he was a €30m signing.

Ismael Bennacer, Sandro Tonali and Franck Kessié all have a valuation that varies between €30m and €40m while Mike Maignan is now a €30m player (having cost €15m), Davide Calabria is the same value, Pierre Kalulu is worth €15m (cost €480k), Junior Messias €7m and Olivier Giroud €3m.

The value of low-cost deals

Maignan stands out as a textbook operation as his value has doubled in less than a full season while his compatriot Kalulu does too, as he is a real symbol of the fantastic work done by the scouting department.

There are also some more negative notes though, such as the fact that Kessie is worth €50m but, barring surprises, will leave Milan on a free transfer next July.

Vision paying off

The paper also talks about how much the value of the starting XI has risen under the American fund. It was worth €263m when they took over in 2018-19, rising by €1m the following season. Then the real growth came: €320m in 2020-21 and €360m this season, based on the team put out against Napoli.

Tags AC Milan Davide Calabria Fikayo Tomori Franck Kessie Ismaël Bennacer Mike Maignan Pierre Kalulu Rafael Leao Sandro Tonali
Serie A Standings

Live football scores . Current table, fixtures & results.