AC Milan Transfer Budget Revealed: £60m Available To Spend This Summer

AC Milan budget has been revealed to be just £60m for this summers transfers window.

According to Il Corriere Dello Sport and Tuttosport, Milan‘s transfer budget won’t change despite the recent takeover from RedBird Capital Partners.

The Rossoneri need to strengthen their team to retain the Serie A title in 2022-23, but according to reports in Italy, Paolo Maldini will only have €60m available to make new signings in the summer transfer window. 

RedBird Capital Partners completed the club’s takeover only a few weeks ago, but part of the deal has been financed by former Milan owners Elliott, so the transfer budget for next season won’t be raised.

According to the reports, the club’s strategy won’t change, meaning that the Rossoneri will mostly look for young, talented players who can increase their value under Stefano Pioli. Paolo Maldini and Ricky Massara are expected to remain at the helm, extending their expiring contracts.

“I don’t worry much about the Maldini-Massara issue, I do not doubt that an agreement will be reached whereby this duo, which was so important, will continue with us in the coming years,” Milan President Paolo Scaroni said on Monday.

Source: FootballItalia