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Home Primo Piano

Gazzetta: Pioli’s renewal from 4 to 4.5 million euros net per season

Wajih by Wajih
1 November 2022
in Primo Piano, News
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Stefano Pioli AC Milan

Stefano Pioli looks on during the renewal of the contract with AC Milan at Casa Milan on October 31, 2022 in Milan, Italy. (Photo by Giuseppe Cottini/AC Milan via Getty Images)

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As pointed out by La Gazzetta dello Sport in today's print edition, AC Milan's contract with Stefano Pioli is valid until June 2025 with an important salary adjustment. In fact, as per the newspaper, the boss will now earn a net salary of 4.5 million euros per season (an increase of half a million euros from his previous deal).

As per the newspaper, there are different bonuses to be paid in case certai objectives are met such as reaching the round of 16 of the Champions League to winning the European competition itself. There are other bonuses linked to the team's performance also in the Serie A league.

There is however, no release clause or contract extension options. Everything was signed by a special pen, gifted to Stefano Pioli by the club. As per the newspaper, RedBird's chief, Gerry Cardinale, has reached out to the Italian tactician via a phone call and has congratulated him.

Gerry Cardinale Stefano Pioli AC Milan
Founder & Managing Partner at RedBird Capital Partners Gerry Cardinale and Milan coach Stefano Pioli pose for a photo after a Milan training session at Milanello on September 04, 2022 in Cairate, Italy. (Photo by Claudio Villa/AC Milan via Getty Images)
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Wajih

Wajih

A writer, passionate about football: Serie A and AC Milan in particular. For business inquiries, contact: wajihmzoughi1996 [at] gmail [dot] com

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