CM: Wages slashed and accounts improve – Milan making room for a big summer window

By Oliver Fisher -

AC Milan are continuing with their path of containing costs and that has in turn freed up some funds to keep improving the squad, a report claims.

Calciomercato.com report how none of other top four teams in Serie A and no other league-leader in the five main European leagues has a total salary lower than that of Milan, who have a wage budget of around €80m.

From €125m in 2018-19 there has been a big deduction and 12 out of 25 players benefit from the benefits of the Growth Decree tax relief scheme which basically trims 50% off the gross amount.

Not only that, but the balance sheet is improving too as the club stood at €-96.4m in 2020/21 after €-195m in 2019-20 and €-146m in 2018-19, with the likelihood being that the 2021-22 budget will close between €-40m and €-60m.

It is a result that allows Milan to get closer to the limits set in terms of Financial Fair Play, and the club are waiting with cautious optimism for the decision of the commission of the Club Financial Control Body after a recent meeting.

In the summer there will be further moves as Alessio Romagnoli and Franck Kessie will say goodbye, who earn about €17m gross combined, while Zlatan Ibrahimovic will renew at a much lower figure if indeed he does renew.

The tax benefits of the Growth Decree mean that Divock Origi, Sven Botman and Renato Sanches could arrive and the wage budget would not be inflated too extravagantly. Milan have chosen their path back to the top.

Tags AC Milan Divock Origi Renato Sanches Sven Botman
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