> 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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X-Offender
post Aug 21 2014, 12:41 AM
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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.


Wow, either I'm a complete donkey or you're just pulling my leg here.

When I say Silvio, I'm obviously referring to Fininvest, the company that owns our shares, which is controlled by the Berlusconi family. Of course they can sign players for us! Who injects money into the club? Who covers the €30-something million holes every year? Who signs the Ibrahimovic's and Balotelli's when the club's revenues are practically offset by costs?

Silvio has been signing players for us for years, even when the finances of the club wouldn't allow it. However, that situation has come to a halt, which coupled with the FFP excuse has rendered us into a bum club that can't spend €5 million to save our lives.

This is what baffles me. I'm not even comparing ourselves to the English and Spanish and German clubs, but to act like such miserable cheapskates? What gives?

QUOTE (Jack Sparrow @ Aug 20 2014, 08:17 PM) *
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.


Agreed about Cerci, I too think €18 million is not worth it, but Dzemaili? €5 million is not overpriced, yet we act as if it's a big deal, especially when our midfield is in such dire conditions.

QUOTE (Danny @ Aug 20 2014, 10:18 PM) *
Our value is actually $850m, same as Chelsea.


It was in euro.
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Danny
post Aug 21 2014, 10:34 AM
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QUOTE (X-Offender @ Aug 20 2014, 11:41 PM) *
It was in euro.


My mistake.
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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
- - Jack Sparrow   Silvio can't spend. Milan doesn't belong t...   Aug 20 2014, 08:17 PM
|- - han2503   QUOTE (Jack Sparrow @ Aug 20 2014, 08:17 ...   Aug 20 2014, 08:49 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
|- - 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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