QUOTE (X-Offender @ Oct 27 2021, 11:08 AM)
The club had the AGM yesterday, where the 2021 financial statements were approved with a loss of 96,4M. Last year it was 194,6M.
Just to put some perspective, Inter closed 2021 with 245,6M losses, and Juve with 209,9M losses.
Great work by Gazidis and co.
Agreed. Especially considering both of them had CL football last season while we didn't
Their wage bills are astronomical compared to ours, and we've offloaded Donna and Hakan as well from last season's, while Inter added our dead weight on 5m per year
Just look at all the sponsorships he's brought in, and I'm sure others will be added. They probably are looking for a great deal for the back of the shirt as well (not a fan of that but it could potentially bring another 10m a season)
We really need to offload Emirates as well. The deal is too low to be our biggest and main sponsor, even if we have more freedom in terms of getting separate partners for training kits.
Lazio got a great deal from Binance and Inter's with Socios is pretty big as well.
QUOTE (Rossoneri7 @ Oct 27 2021, 04:18 PM)
Gazidis stated that agents and players have been acting like Covid never happened. Referencing Donna and Kessie?s demands this year. He also stressed that sometimes its better to let the players leave for free and focus on economic sustainability of the club. The goal of the management is to bring Milan back to where it was, but in a sustainable model.
He also stated that some mistakes were made, but all decisions were taken for the good of Milan.
I think this clearly shows where the management is going, they will not be held ransom and will built on the squad YoY to reach a squad capable of challenging both domestically and in Europe. Its gonna be a long journey, and we are at the beginning of that journey.
I still think it's a terrible business plan to let them go for free. What we need to do is to not allow deals to go into their final season. We should have issued an ultimatum to Kessie before this summer, either sign or find a new club. Simple as that
We cannot keep losing 100s of millions worth of assets for free. Even if so far we have been lucky to come out smelling like roses in both cases.
QUOTE (X-Offender @ Oct 27 2021, 10:46 PM)
I really don't think we need to be going in for a striker in January
We have shown that we can adjust to either, Ibra, Giroud or Rebic leading the line. It's hardly a position of import right now.
A decent backup to Diaz and a proper RW should be what we're concentrating on.
Faivre is just waiting there on a plate in France and he's been doing very well. Not shelling out the little extra will hurt in the long run as they'll want more for him now.
Also, I thought that Alvarez kid was an AM?