AC Milan's Financial Situation Thread

[Sheva0172]

Hi, i'm always very interested in the financial situations from football clubs and offcourse especially in Milans. But actually i really don't have a clue how Milan is doing financially.

Today on this forum i've read this message:

June ready for a treasure trove of 50 million
04.01.2010 16.10 Frederick Gambaro
Source: www.ilsussidiario.net

The sussidiario.net ago accounts in your pocket to AC Milan for the next few months. The Society of Via Turati, according to the newspaper online, it will build a treasury of 50 million euros through market operations and especially for outgoing sponsorship contracts. A Milanello are many players on the brink of departure, one above all: Huntelaar, who could be evaluated, still about 15 million, despite a few appearances and performance is not intoxicating. In addition to Dutch, the renewal of co-ownership of Paloschi with Parma would bring in another 5 million, and supplies of Jankulovski, Kaladze and Abbiati, others 16. At this piggy bank will then be added to the millions of euros resulting from the change of sponsors that the Company would Rossoneri fearing a long time...

Article on Milannews.net:
http://www.milannews.it/?action=read&idnotizia=15628

Briefly summarised:
Huntelaar out -> 15 million
Fly Emirates contract (what kind off?) -> 20 million
Expiring contracts/wages from sold players -> Janku, Favalli, Kaladze, Abbiati will give us 16
Paloschi's renewal of co-ownership -> 5 million (how?)

So there are a lot of things i can't understand and i am really curious why we supposedly had to sell Kaká after missing the CL for 1 season.

Payroll from few months ago (without 40% taxes?):

Payroll 2010-2011

So, this is the thread where we can discuss Milans financial situation. If you have any images from the incoming and outgoing transfers from last season or other graphics please post them here, i'm interested . And mayb someone can explain the 50 million story?

 

[Senatore_M84]

so we actually RASIED our payroll when we said we'd cut 40%..... why does galliani even have a job?

 

[Surfer]

Pato only earning 1 mil a year ?

 

[Sheva0172]

Pato only earning 1 mil a year ?

No he signed a new contract in September. Not sure how much he'll earn now but its a lot more then 1 million. And he deserves it..

 

[Bunnee]

Dida earning 4 mil is a crime.

 

[Revolution]

Dida earning anything is a crime.

Fixed

 

[Astafjevs]

No he signed a new contract in September. Not sure how much he'll earn now but its a lot more then 1 million. And he deserves it..

Pato now earns €2m per year.

Gattuso's wage has dropped since that was published, however, to €2.8m per year.

 

[Astafjevs]

Paloschi's renewal of co-ownership -> 5 million (how?)

The current deal lasts till the end of this season - it is temporary. They will pay €5m to make it last longer (could well be permanent at that price).

So there are a lot of things i can't understand and i am really curious why we supposedly had to sell Kaká after missing the CL for 1 season.

Because we made a loss at the end of that financial year, due to the lack of Champions League football. Berlusconi did not want to simply write off the loss with his own money, as he has done in the past, and wanted the club to be self-sufficient. So Kaká was sold, the loss was dealt with.

Payroll from few months ago (without 40% taxes?)

I believe that is without tax (so it is net salary).

I would be rather skeptical of that story at the moment until something more concrete arises.

 

[acerвιc wιт]

It's all politics. I find it hard to believe Berlusconi has no money to invest, but really it's nice for once to see a lot of homegrown players are in the squad.

We've always had the talent in our own backyard but we've failed to take notice of it.

 

[Astafjevs]

Nobody said he has no money to invest. Of course he has money, he's a billionaire. And a very clever one at that.

He doesn't want to invest his money - he wants the club to run on it's own, without the need for outside help from a single individual (like Chelsea).

 

[Senatore_M84]

I believe that is without tax (so it is net salary).

I would be rather skeptical of that story at the moment until something more concrete arises.

uhh that is with tax. The players salaries add up to 67.....

 

[Senatore_M84]

I just saw this..... only 33,043 @ game today. You want a reason we got financial problems?? Thats not helping

 

[SixOneFive]

Seriously. whadafux up with that?

imagine what it'll be like against novara this year

 

[Beemer]

Even more embarrassing was the home attendance when we were eliminated by Werder Bremen in the UEFA Cup.

 

[Sheva0172]

Its a crime, loads of Milanisti would like to sit in San Siro week in week out but its to expensive to fly to Milan every weekend. Those bastards need to take the subway or walk 15 mins to the stadium but they still won't..

Be a fan, support your team. Especially this Milan who put on some real entertaining displays.

@ Astafjevs, thanks for your answers

 

[Az.]

Even more embarrassing was the home attendance when we were eliminated by Werder Bremen in the UEFA Cup.

Italy are in a real bad shape as far as there economy goes.People don't have that much money there nowadays to spend on games.

Attendance dropped everywhere .

 

[Jasper]

Attendance dropped everywhere .

Germany 0.5 percent increase and Spain 2.5%. Source - http://www.european-football-statistics.co.uk/

 

[Az.]

Germany 0.5 percent increase and Spain 2.5%. Source - http://www.european-football-statistics.co.uk/

In Italy..btw that web site as far as i know is pretty much shit.In the sense that it has a lot of wrong information on it.

 

[Jasper]

In Italy..btw that web site as far as i know is pretty much shit.In the sense that it has a lot of wrong information on it.

Hmm ... could very well be but I'm yet to discover a legit/trustworthy site for attendacies. They're all contrdicting one another and club official pages as well as federation pages.

 

[Az.]

Hmm ... could very well be but I'm yet to discover a legit/trustworthy site for attendacies. They're all contrdicting one another and club official pages as well as federation pages.

Yeah that`s what im saying .So you cant really trust a increase of match attendance that low, in a time were the world`s economy is utter shit and ticket prices are more expensive every year.

 

[Ashish]

our fans have been through real bullshit, selling all the good players filling the team with old players, i think they willl back when we knocks out manure or closesgap between printer after the derby, i think italy is in financial trouble so you cant expect them to spent money on sports.

good times will return to san siro, we need to renovate sansiro as soon as possible

 

[GreatKalu]

When people are struggling to support their families, I don't think Milan - Genoa is on the top of their priority list.

 

[Astafjevs]

uhh that is with tax. The players salaries add up to 67.....

Those figures from La Gazzetta are net, as the article said so at the time.

Tax isn't factored in to Italian player salaries, like it is sometimes in other countries.

 

[dev1L]

ha?

THE BIG DEBTORS

£727m Manchester United
£609m Real Madrid* (Real claim only £296m)
£436m Barcelona*
£386m Internazionale*
£348m AC Milan*
£297.7m Arsenal
£240m approx Liverpool
£147m Juventus*
£136m Roma*
£96m Bayern Munich*
£0 Chelsea, after £340m write-off, announced Dec 2009
£0 Man City, after £305m debt-to-equity write-off, announced Jan 2010

http://www.timesonline.co.uk/tol/sport/football/european_football/article6991138.ece

 

[Ashish]

Times is owned by rupert murdoch biggest foe of DOn berlusconi, so its not surprising.



btw shoot galliani

 

[Armin__m]

This can`t be true. Our small debt was highlighted by different sources over the past few years,and Galliani has been going on and on about how we have no debt any more.

What`s this shit now?

 

[Senatore_M84]

igures marked * from Prof Jose Maria Gay de Liebana, football finance specialist at the University of Barcelona

what does professor gay know other than weenis activities

 

[KujaIX]

ha?

THE BIG DEBTORS

£727m Manchester United
£609m Real Madrid* (Real claim only £296m)
£436m Barcelona*
£386m Internazionale*
£348m AC Milan*
£297.7m Arsenal
£240m approx Liverpool
£147m Juventus*
£136m Roma*
£96m Bayern Munich*
£0 Chelsea, after £340m write-off, announced Dec 2009
£0 Man City, after £305m debt-to-equity write-off, announced Jan 2010

http://www.timesonline.co.uk/tol/sport/football/european_football/article6991138.ece

that is blatantly false, it was widely reported that we only had a small 60mil-ish debt and that was covered by kaka's sale. also, i find it annoying that clubs can just wirte off their debts at the cost of their owners, makes it horribly unfair. liverpool are quite mor in debt im sure, we surely can't be more in debt than them

 

[lexx]

This reminds me of a sky sports news item where they done a report detailing that Milan would sell both Pato and Kaka together for 50 million euros to chelsea to serve our crushing debts debts the level of inaccuracy is spectacular. In any case this is just the brain dead sport writer trying to get some notoriety if we were really in this level of Financial collapse we would have sold sold pirlo and co years ago. I think everyone knows that Berlusconi has been covering Milan losses for years hence why his kids whine like 8 year olds who have to share with a smaller sibling, the only exception being the current season because of the huge amount of debt acquired by Milan which was probably covered by the sales of players and new sponsorship deal arising from the beckham brand coming to Milan.

 

[Sage]

not only that this list is bullshit, but it doesnt make sense that Milan have bigger debt than the likes of Arsenal and Liverpool? and also if Milan had this much debt, Galliani would turn the club into a circus and have Ronaldinho as the juggling star.