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Milan in the red |
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Apr 25 2008, 02:41 PM
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QUOTE Milan Vice-President Adriano Galliani has today spoken to shareholders, revealing the Via Turati club to be £24m in the red.
The 63-year old who, since Silvio Berlusconi stepped down earlier this week, has taken the role of President in all but name, moved to reassure the Rossoneri's worried investors.
“To get the books back in order it would be enough to sell Kaka to Real Madrid for £55m,†remarked Galliani to the consternation of Milan's money men.
Shareholders are believed to be angry at the club's recent form on the pitch and in the transfer market.
According to a report in Italian newspaper La Stampa, some investors are unwilling to contribute money to this summer's transfer budget.
Galliani refused to accept all the blame, insisting that they were just as responsible for the Diavolo's current troubles.
“Last year they begged me to renew Dida's contract and adhere to the requests of Emerson, Cafu, Serginho and Favalli.â€
Milan have been labelled an old side of late and criticised for not investing enough in young talent, Alexandre Pato aside.
But Galliani defended the Rossoneri's policy, saying: “Footballers are like cars, their condition changes year on year.â€
The Diavolo have recently been heavily linked with troubled Barcelona forward Ronaldinho. The 28-year-old has been in limbo this year, but Galliani believes he can get back to his best.
“At the moment he reminds me of when he was at Paris Saint-Germain in 2003. I don't think he'd have a problem playing in the UEFA Cup either. Luca Toni has for Bayern Munich.â€
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May 1 2008, 05:15 PM
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Berretti
         
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QUOTE (I_Rossoneri @ May 1 2008, 07:44 PM) Thats an interesting article, Arsenal apparently make $6m per game!!!!! No wonder the tickets for the CL game against Milan were so expensive! That's because all of Arsenal's games are sold out. To the death. They have the highest attendance record in the EPL, and that's saying something. I even read they had well over 98% season tickets sold this year. While for us, it's something around 30-40%. No wonder they make so much. Like they say, London is London. (IMG: http://cyrus.medialayer.net/~m1ke/milanfan.com/forums/style_emoticons/default/laugh.gif) QUOTE (kurtsimonw @ May 1 2008, 07:47 PM) I'd take no notice, these things are very subjective. How exactly do they define how much a team is worth.Well they factor in the squad for one, the club share prices if they have any, a worth of the stadium (which for us is owned by the city of Milan) and the infrastructure. Plus the running finances, cash at hand, how much the team makes from ticket sales and shirt sales etc, debt, and any future player assets (like Pato, and other young ones who could have their price tags inflated). Not to mention the sponsor deals a club has for now and the future. And even performance in the leagues and tournaments the club participates in for the last few years. Rest assured it's pretty complicated. (IMG: http://cyrus.medialayer.net/~m1ke/milanfan.com/forums/style_emoticons/default/smile.gif)
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May 1 2008, 08:08 PM
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Berretti
         
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QUOTE (kurtsimonw @ May 1 2008, 09:25 PM) I'm pretty sure Uniteds is higher. Uniteds stadium is around 15,000 bigger and they sell out every game, so they're going to be well ahead of everyone else in terms of ticket sales. I'm pretty sure Arsenal sells out every single game. Every. That's because before our games with Arsenal, I spied on some of Arsenal forums to gather intelligence. (IMG: http://cyrus.medialayer.net/~m1ke/milanfan.com/forums/style_emoticons/default/huh.gif) I read an article from a pretty credible source that said they have the best record in attendance for some years running (touching a 100%). Maybe Locke can confirm that. Having said that, it doesn't mean United is anywhere near bad - even a 99.2% is no slouch, just ask any team from any other league. Of course, having a 15,000 bigger stadium means it's slightly tougher to get a full house every time, than say on a smaller capacity stadium. And oh, I'm positive Manchester makes even more than 6 millions a match that Arsenal does. The 6 million consists of ticket sales, merchandise and television rights, as well as the money they get from the sponsors. And oh, you can't count out the sales of fish and chips as Tennie mentioned below. Considering a club like Arsenal plays around 50 or more games a year it adds up. Then again big clubs have big expenses. Good thing I used to play FIFA Manager 07 in the summer when I had time on my hand. Sure does come in handy. (IMG: http://cyrus.medialayer.net/~m1ke/milanfan.com/forums/style_emoticons/default/innocent.gif) QUOTE (Tennie @ May 1 2008, 09:30 PM) Maybe fish & chips at Emirates is a lot more expensive than prawn sandwiches at Old Trafford, Kurt. Lol. Never been a Fish & Chips guy, Ten. Deep friend chicken with fries is what turns me on. (IMG: http://cyrus.medialayer.net/~m1ke/milanfan.com/forums/style_emoticons/default/sleepysmiley03.gif)
This post has been edited by acid911: May 1 2008, 08:08 PM
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May 2 2008, 04:17 PM
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Prima Squadra
           
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QUOTE (acid911 @ May 1 2008, 07:08 PM) Of course, having a 15,000 bigger stadium means it's slightly tougher to get a full house every time, than say on a smaller capacity stadium. I think United sell every ticket for every league game that's available. The only reason all United attendances aren't all the same is because smaller away teams with poor support (Bolton, Wigan, Boro, etc.) don't take up their allocation. Also for big games (Citeh, Chelsea, Liverpool, Arsenal) they have to have extra spaces between the sets of fans to make sure theres no trouble. United will always sell out their home areas as they have waitings lists that last years. But I don't know what stadium is most filled (As a %) this season.
This post has been edited by kurtsimonw: May 2 2008, 04:20 PM
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Posts in this topic
m1ke Milan in the red Apr 25 2008, 02:41 PM m1ke Hmm.
A loss of £24m is pretty large consideri... Apr 25 2008, 02:44 PM Portikins When you've an old squad with some "old-l... Apr 25 2008, 02:52 PM m1ke Don't hold back Porty. Tell us how you really ... Apr 25 2008, 02:58 PM Tennie The actual financials are supposedly going to be p... Apr 25 2008, 03:00 PM Portikins QUOTE (Tennie @ Apr 25 2008, 03:00 PM)The act... Apr 25 2008, 03:23 PM redbabies If these losses are from 2007 year, then I have do... Apr 25 2008, 03:09 PM redbabies QUOTE “To get the books back in order it wou... Apr 25 2008, 03:11 PM han2503 How can we even be in the red when we haven't ... Apr 25 2008, 03:18 PM fahad oh doesent silvio has most of the shares ( i tough... Apr 25 2008, 03:47 PM Devillito QUOTE (han2503 @ Apr 25 2008, 10:18 PM)get ri... Apr 25 2008, 03:47 PM Tennie The budget is for calendar year 2007, fyi. Detaile... Apr 25 2008, 03:59 PM I_Rossoneri QUOTE (Tennie @ Apr 25 2008, 02:59 PM)The bud... Apr 25 2008, 04:44 PM I_Rossoneri Further proof, if needed, that Galliani should ste... Apr 25 2008, 04:43 PM Tennie Well, they had to do emergency temporary upgrades ... Apr 25 2008, 04:53 PM MizNelson Christ, if there's anyone in the Milan organiz... Apr 26 2008, 03:02 AM dst This must be a joke!
YOU WON'T GROW HAIR... Apr 25 2008, 05:29 PM I_Rossoneri I thought Galliani said that we were the only club... Apr 25 2008, 06:12 PM Bluesummers lol what a joke. Every club has some debt. Espec... Apr 25 2008, 06:47 PM Habitant QUOTE (Bluesummers @ Apr 25 2008, 05:47 PM)lo... Apr 25 2008, 08:59 PM zdrossoneri Galliani is a joke. why so serious?! Apr 25 2008, 06:57 PM kurtsimonw It's not that it's a debt though is it?
H... Apr 25 2008, 06:58 PM han2503 QUOTE (dst @ Apr 25 2008, 04:29 PM)This must ... Apr 25 2008, 07:07 PM Jack Sparrow I'm really stunned you guys find this a joke a... Apr 25 2008, 07:33 PM I_Rossoneri I don't believe Galliani at all, the man is a ... Apr 25 2008, 09:31 PM Portikins Man Utd's debt is around 1B euros. So what? Apr 25 2008, 09:36 PM zdrossoneri QUOTE (Porty @ Apr 26 2008, 12:06 AM)Man Utd... Apr 25 2008, 09:40 PM  Locke Lamora QUOTE (zdrossoneri @ Apr 25 2008, 09:40 PM)It... Apr 25 2008, 09:45 PM acid911 QUOTE (kurtsimonw @ Apr 25 2008, 10:58 PM)How... Apr 25 2008, 10:53 PM Tennie Hm. 11 million of the 31 million euro loss, suppos... Apr 25 2008, 10:25 PM Bluesummers i'm not worried one bit. Silvo is still the o... Apr 26 2008, 07:10 AM Devillito I think it is impossible for Milan to make that 24... Apr 26 2008, 09:21 AM Il Capitano This is BS, we should be +24 million.
Maybe some ... Apr 26 2008, 09:50 AM Bluesummers i dont understand why the press is making such a b... Apr 26 2008, 10:40 AM fahad exactly goal.com article is very irritating now we... Apr 26 2008, 11:15 AM dst Galliani said that we could sell Kaka!?!?... Apr 26 2008, 11:59 AM redbabies If Galliani wouldn't be employed in Milan, he ... Apr 26 2008, 12:22 PM Rossoneri7 QUOTE (kurtsimonw @ Apr 25 2008, 08:58 PM)It... Apr 26 2008, 01:52 PM kurtsimonw QUOTE (Rossoneri7 @ Apr 26 2008, 12:52 PM)How... Apr 29 2008, 04:58 PM  Rossoneri7 QUOTE (kurtsimonw @ Apr 29 2008, 06:58 PM)Wha... Apr 29 2008, 05:33 PM   kurtsimonw QUOTE (Rossoneri7 @ Apr 29 2008, 04:33 PM)Why... Apr 29 2008, 06:29 PM    Rossoneri7 QUOTE (kurtsimonw @ Apr 29 2008, 08:29 PM)If ... Apr 29 2008, 06:39 PM pacang i like this one.. “Footballers are like cars... Apr 29 2008, 04:51 PM kurtsimonw On the basis that we didn't spend much on play... Apr 29 2008, 06:41 PM Rossoneri7 QUOTE (kurtsimonw @ Apr 29 2008, 08:41 PM)On ... Apr 29 2008, 06:50 PM kurtsimonw That would be good if Tennie could get hold of som... Apr 29 2008, 06:55 PM Tennie (I'd rather get hold of Nesta than the financi... Apr 29 2008, 07:02 PM misha QUOTE (Tennie @ Apr 29 2008, 09:02 PM)(I... Apr 29 2008, 08:29 PM Rossoneri7 QUOTE (Tennie @ Apr 29 2008, 09:02 PM)(I... Apr 29 2008, 11:33 PM Jack Sparrow QUOTE (Rossoneri7 @ Apr 30 2008, 04:03 AM)U g... Apr 30 2008, 04:52 AM morgoth So man u worth 2 Milans
What a cr@p! May 1 2008, 03:01 PM kurtsimonw QUOTE (morgoth @ May 1 2008, 02:01 PM)So man ... May 1 2008, 03:47 PM Tennie Maybe fish & chips at Emirates is a lot more e... May 1 2008, 05:30 PM morgoth QUOTE (kurtsimonw @ May 1 2008, 03:47 PM)I... May 1 2008, 10:09 PM Habitant “But we cannot afford not to keep our wage s... May 3 2008, 10:37 PM I_Rossoneri QUOTE (Habitant @ May 3 2008, 09:37 PM)â€Å... May 3 2008, 11:06 PM kurtsimonw I personally am a huge fan of the way Arsenal have... May 3 2008, 10:58 PM Jack Sparrow There would be other cuckoos willin to step in and... May 4 2008, 04:56 PM
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