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Home Primo Piano

Repubblica: The truth behind AC Milan’s lack of transfer market activity

Wajih by Wajih
14 January 2023
in Primo Piano, Transfer Market
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Gerry Cardinale AC Milan

Founder Managing Partner at RedBird Capital Partners Gerry Cardinale speaks with Paolo Maldini during the AC 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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AC Milan technical area director, Paolo Maldini, and his colleague Frederic Massara who is the sports director are not making many moves regarding the incoming signings. Only Devis Vasquez was signed on a low-cost deal which was worth less than 500 thousand euros in total.

Paolo Maldini did claim in an interview with SportMediaset that there will not be much to do this January (read here full interview). According to what has been reported by La Repubblica, RedBird's founder and managing partner Gerry Cardinale has decided to continue on Elliott's road because there are limited resources right now.

In fact, The agreement with UEFA on the balance between income and expenses also looms over the limited budget for Maldini and Massara, under penalty of future withholding of 13 million euros (For context: Juventus with 19.5 million, 22 million for Inter, AS Roma with 30 million and PSG with 55 million euros).

The negotiations with Rafael Leao for the contract renewal, however, will continue upon returning from Riyadh after playing the Supercoppa Italiana against Inter and the Portuguese's contract will be the Rossoneri club's exception. In other news, this AS Roma starlet is on AC Milan's radar for a possible future investment...

AC Milan Paolo Maldini Frederic Massara Giorgio Furlani
AC Milan's CEO Giorgio Furlani with Paolo Maldini and Frederic Massar before the Dubai Super Cup match between Arsenal and AC Milan at Al Maktoum Stadium on December 13, 2022 in Dubai, United Arab Emirates. (Photo by Giuseppe Cottini/AC Milan via Getty Images)
Tags: MilanRedBird
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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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