CM: Milan’s summer strategy foresees €30m limit on incoming players – the reason - Sempre Milan

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There is a lot of work to be done on the AC Milan squad this summer, but CEO Giorgio Furlani has outlined the parameters in which the club will operate.

According to Calciomercato.com, no players are considered non-transferable and there will be sales to bring in more funds with which to operate. Chief scout Geoffrey Moncada and head coach Stefano Pioli will have a big say in the business done, but there will be an important limit.

The strategy does not only envisage a static budget of €40-50m, but it will vary according to the trend in sales and will foresee a limit of €30m as a maximum expense on each player.

The reason for the limit is that Furlani still has an eye on the accounts and as part of the contract he signed when he replaced Ivan Gazidis, he also signed in agreement that there will be a maximum figure for incoming signings.

Furlani is in fact called to do the following: “Manage relations with the players’ agents; Be the formal contact person for the heads of every line of business and every football operation of the club; Hiring, suspending and dismissing personnel, fixing salaries, negotiating, stipulating, amending and terminating acquisition or transfer agreements, in the context of sporting activity, in any form, of the rights to the performance of players, including those of the youth sector, with a single signatory limit within the limits of the annual budget approved from time to time by the Board of Directors and in any case with the limit, for each transaction, of 30,000,000 (thirty million) euros gross.”

Basically, up to €30m gross, Furlani’s signature is enough to close each transaction while for each larger transaction Gerry Cardinale’s agreement is also required.