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Milan Financials, ...originally posted on Rossoneri Blog |
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May 4 2012, 10:16 AM
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Loves Greek Women esp Fay
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I think this is a must read for us Milanfans on exactly what is happening. I just skimmed through at the moment, but a few things stand out. 1. Our wage bill has been increasing and is absolutely insane!! 2. Our commercial income is actually very good considering our market reach. 3. We are really losing out on matchday income at the stadium. Milan's Financial State
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May 4 2012, 10:29 AM
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Loves Greek Women esp Fay
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Yeah..but as you can see in the article...to build a stadium we need to take on a loan. To take on a loan we need to clear our debts. To clear our debts we need more income. But to get more income we need our own stadium. (IMG: style_emoticons/default/biggrin.gif)
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May 4 2012, 12:01 PM
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Loves Greek Women esp Fay
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That move is checkmated too, thanks to FFP.
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May 4 2012, 12:50 PM
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Primavera
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Jack, Do you think we'd build our own stadium if we cleared our debts? we had the chance to do it before FFP was introduced. nah, I think B&G are simply too sentimental about San Siro. we missed our chance to move away from San Siro, but missed it and now probably can never do it as things stand. Just great. QUOTE Mathieu Flamini Midfielder 28 4,500,000
Gennaro Gattuso Midfielder 34 4,000,000
Gianluca Zambrotta Defender 35 3,500,000
Clarence Seedorf Midfileder 36 3,000,000 No comment... (IMG: style_emoticons/default/huh.gif)
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May 4 2012, 12:54 PM
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Loves Greek Women esp Fay
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Yes..the wages are mind-boggling. I don't fault our new policy of offering contract discussions only at the end of the season.
I think next season, we should keep a keen eye out on the numbers. Especially with the players who are not extended.
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May 4 2012, 01:15 PM
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Prima Squadra
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The major problem here is not the San Siro. I do believe that Inter and Milan being the clubs they are and having the owners they do, should be able to come to an agreement with the Milan council. I personally don't want to see us moving to some generic FIFA stadium, just for the hell of it. The San Siro is a massive stadium and a club like Milan should not settle for some 40,000 seater.
The main problem has always been the player wages. Rino, Ambro, Flamini, Seedorf, Robinho, Zambro, etc. These guys are on massive wages, when mos of them are not even regulars on the team. It's just an unthinakble situation that Galliani simply has to deal with this summer
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May 4 2012, 01:26 PM
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Primavera
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Han, do you really think we can compete at the highest level again if we only sort out our wages? Sure we need to do that but we also need to do something about the stadium. it's astonishing that we earn less than 40 million compared to Arsenal, Barca, Man U or Real's 100+. I guess normally that number should be between 60-80 for us. 20-40 million more per year would make a good difference for us. QUOTE I personally don't want to see us moving to some generic FIFA stadium, just for the hell of it. The San Siro is a massive stadium and a club like Milan should not settle for some 40,000 seater. Come on, the capacity and the design of the stadium is not even the issue. Also: QUOTE the stadium is in poor condition and does not have the facilities to host sponsors and VIPs etc. For the same reasons the stadium are mostly half full as fans are not presented to the pleasant facilities a modern stadium must have.
This post has been edited by Zed.D: May 4 2012, 01:32 PM
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May 4 2012, 01:56 PM
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Loves Greek Women esp Fay
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I agree. The player wage cuts (and keep in mind we can only question the 'oldies') will save us maybe 20-25 million a season max.
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