Corriere della Sera reports this morning that AC Milan comply to one of the most important UEFA requirements.
The Financial Fair Play by UEFA imposes rigid rules on European clubs participating in Champions League or Europa League. For example, you have to keep the total cost of the salaries no more than 50-60% of your revenue. According to Corriere della Sera in the newsstands today, the first five Italian teams (Juventus, Napoli, Rome, Milan and Inter) comply with this precise directive. The rossoneri, for example, ignoring the expenses for the transfer of several new players, have spent about 115 million euros (gross) in wages. In 2016 the revenue was 236 million euros and this year it is expected to reach 250 millions.
Despite severe criticism by his colleagues, namely James Pallotta (read here) claiming that the rossoneri didn’t have the money to fund this summer unprecedented mercato, AC Milan’s new CEO is clearly demonstrating he is build a solid financial future for the rossoneri with well calculated moves on the transfer market.
