> Our spending situation...

 
X-Offender
post Aug 20 2014, 05:23 PM
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... is quite puzzling. I just can't seem to grasp the logic here. We're the 7th highest valued club in the world, with a value estimated at €659 million. We're owned by one of the richest man not only in Italy, but in the world, with an estimated net worth of $9 billion. Yet we can't seem to spend a penny in signing players.

I understand that we can never compete with the European powerhouses and spend €35 million on this guy, €40 million on that guy. But not even €12-15 million? I swear, we are so cheap it's absolutely bewildering. Asking Rami to pay €500k out of his pocket to Valencia, acting as if €5 million for Dzemaili is €50 million, considering Taarabt's €4 million price tag as too high. And these are just a few rushed examples that come to mind.

There must be a reason we only go after free agents and rejects, but for the love of god I just can't figure it out. The FFP argument does not hold water cos everyone is spending nowadays, sometimes considerable amounts, even clubs that don't take part in the Champions League. We've even reduced our wage bill and our roster, yet nothing seems to be changing. The theory that we would follow Arsenal's example has proven to be another lie fed to the fans.

The only reason I can think of is that the owners (i.e. the Berlusconi family) simply DO NOT want to spend because they DO NOT care anymore. But then again we always face the usual "Milan is not for sale" every time there seems to be an offer in the air.

I just... I just don't get it. Any thoughts?
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Jack Sparrow
post Aug 20 2014, 08:17 PM
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Silvio can't spend. Milan doesn't belong to Silvio. Through a complicated arrangement, Silvio's income NOT EQUAL to Milan's income. Milan is it's own company.

You don't seem to believe that all the big spenders were in a far better position with regards to FFP even before we got there. All of them.

As for the other argument. One one side fans scream that 12 million for Matri was the most idiotic thing ever. Yet if we try and negotiate and arm twist to cut down the deals for two overpriced players, we're stingy. It's like they can't win.

No way in f@ck Cerci is worth 18 million. 15 million at best and no more. Same with Dzemaili. If he were that f@ckin good, he wouldn't need to be leaving Napoli to come to us.

So unless any of us screaming for paying those prices are willing to put up the extra millions that would be wasted in case these players flop, I don't see the point.

I'll hold my peace till then.

-----

R7,

If you read this thread, from a corporate point of view, is it possible at this point in time for Milan to 're-capitalize' itself from scratch?? To have a better fund to spend from? I mean without selling shares and all. Just re-capitalize itself?


How is Roma and Pallotta working out their finances? Roma was neck deep in debt. As bad as Inter. The banks were going to shut them down? How did he pay off the debts and then proceed to do further cash injections without it being seen as a debt?
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han2503
post Aug 20 2014, 08:49 PM
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QUOTE (Jack Sparrow @ Aug 20 2014, 08:17 PM) *
Silvio can't spend. Milan doesn't belong to Silvio. Through a complicated arrangement, Silvio's income NOT EQUAL to Milan's income. Milan is it's own company.

You don't seem to believe that all the big spenders were in a far better position with regards to FFP even before we got there. All of them.

As for the other argument. One one side fans scream that 12 million for Matri was the most idiotic thing ever. Yet if we try and negotiate and arm twist to cut down the deals for two overpriced players, we're stingy. It's like they can't win.

No way in f@ck Cerci is worth 18 million. 15 million at best and no more. Same with Dzemaili. If he were that f@ckin good, he wouldn't need to be leaving Napoli to come to us.

So unless any of us screaming for paying those prices are willing to put up the extra millions that would be wasted in case these players flop, I don't see the point.

I'll hold my peace till then.

-----

R7,

If you read this thread, from a corporate point of view, is it possible at this point in time for Milan to 're-capitalize' itself from scratch?? To have a better fund to spend from? I mean without selling shares and all. Just re-capitalize itself?


How is Roma and Pallotta working out their finances? Roma was neck deep in debt. As bad as Inter. The banks were going to shut them down? How did he pay off the debts and then proceed to do further cash injections without it being seen as a debt?

People threw a fit about Matri because he was a complete and utter waste of time and money that we absolutely did not need. Galliani bought him to satisfy Allegri because for some odd reason they loved each other.

A midfielder is something we're actually in desperate need of yet nothing, we're being stingy on Dzemaili when we absolutely cannot afford to go into the new season with things as they are in midfield. There's a difference between overpaying for something that is frivolous and you don't need and paying for something you're in desperate need of
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Posts in this topic
- X-Offender   Our spending situation...   Aug 20 2014, 05:23 PM
- - Jack Sparrow   Revenues vs Expenses basically. Our revenue stre...   Aug 20 2014, 05:35 PM
- - X-Offender   Not that argument! What would it take for Silv...   Aug 20 2014, 06:12 PM
|- - Rossoneri7   QUOTE (Jack Sparrow @ Aug 20 2014, 11:17 ...   Aug 21 2014, 08:17 AM
- - Danny   Our value is actually $850m, same as Chelsea.   Aug 20 2014, 10:18 PM
- - X-Offender   QUOTE (Jack Sparrow @ Aug 20 2014, 08:17 ...   Aug 21 2014, 12:41 AM
|- - Danny   QUOTE (X-Offender @ Aug 20 2014, 11...   Aug 21 2014, 10:34 AM
- - kurtsimonw   If FFP is such an issue, can anyone explain the sp...   Aug 21 2014, 03:15 AM
|- - Jack Sparrow   QUOTE (kurtsimonw @ Aug 21 2014, 09:45 AM...   Aug 21 2014, 05:59 AM
- - Jack Bauer   Even ignoring the top clubs, clubs that are much ...   Aug 21 2014, 05:17 AM
- - kurtsimonw   But Jack, sponsorships are included in revenue. Th...   Aug 21 2014, 06:31 AM
|- - Jack Sparrow   QUOTE (kurtsimonw @ Aug 21 2014, 01:01 PM...   Aug 21 2014, 04:36 PM
|- - kurtsimonw   QUOTE (Jack Sparrow @ Aug 21 2014, 05:36 ...   Aug 22 2014, 12:11 AM
|- - Jack Sparrow   QUOTE (kurtsimonw @ Aug 22 2014, 06:41 AM...   Aug 22 2014, 01:04 PM
- - han2503   I don't know why we're even discussing thi...   Aug 21 2014, 10:03 AM
|- - Rossoneri7   QUOTE (han2503 @ Aug 21 2014, 01:03 PM) I...   Aug 21 2014, 10:09 AM
- - kurtsimonw   Doesn't change the fact they Chelsea have made...   Aug 22 2014, 08:03 PM
- - Rossoneri7   This is a good explanation of how chelsea complied...   Aug 22 2014, 08:58 PM
- - Danny   Chelsea losses were 49.4M. Ours are 15.7M. http:...   Aug 22 2014, 09:06 PM
- - Rossoneri7   RE: Our spending situation...   Aug 22 2014, 09:19 PM
- - Jack Sparrow   Our problem is we're stretched just to stay in...   Aug 23 2014, 06:40 AM
- - kurtsimonw   QUOTE (Jack Sparrow @ Aug 23 2014, 07:40 ...   Aug 23 2014, 06:51 AM
- - Rossoneri7   QUOTE (kurtsimonw @ Aug 23 2014, 09:51 AM...   Aug 23 2014, 03:04 PM


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