After a negotiation lasting more than a year, the finish line is finally in sight: Christian Pulisic and Milan have agreed to a contract extension until 30 June 2031. Calcio e Finanza has published an analysis, assuming that the new agreement comes into effect midway through the 2026/27 season, on how the American’s renewal will impact the Rossoneri’s accounts.
Pulisic's costs so far:
Pulisic currently has an annual cost of €10.5 million, made up of amortisation (€5.2 million) and gross salary (€5.3 million), on which the tax relief under the Growth Decree still applies (net salary of €4 million).
The renewal until 30 June 2031 would see Pulisic earn €5 million net per season, equivalent to approximately €6.5 million gross, while retaining the benefits of the Growth Decree.
C&F writes that "approximately €2.6 million in amortisation would be accounted for in the first six months. The resulting residual value, amounting to €2.7 million, would therefore be divided over the remaining four and a half years until the new expiry date of 30 June 2031. The amortisation charge for the second half of the season would therefore fall to €600,000, bringing total amortisation for 2026/27 to €3.2 million."
The greatest benefits would come from next season onwards: the amortisation charge would fall to €0.6 million and would more than offset the increase in gross salary to €6.5 million. The total annual cost would amount to €7.1 million, thereby reducing the cost of the player on the accounts over the next four years.
