Financial statement reveals figures of AC Milan’s transfers in 2024-25 – the breakdown

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AC Milan held their annual Shareholders’ meeting on Wednesday, and from it some official figures emerged regarding transfers.

Milan were busy in the 2024-25 financial year when it came to transfers, and not just in the summer window before the season started. Five signings arrived during the January window too, as the management looked to ignite a push towards the top four that never came.

Today’s meeting at Casa Milan served to officially file the figures for the aforementioned accounts, and from it the amounts paid out and received for transfers has become fully transparent. Felice Raimondo has relayed them,

Cost of signings

➤ Alvaro Morata: €17.2m (agent cost €2.6m)
➤ Alex Jimenez: €5.5m (increase of €0.5m)
➤ Strahinja Pavlovic: €18.5m
➤ Emerson Royal: €16m (agent cost €0.5m)
➤ Youssouf Fofana: €26m (agent cost €2.5m)
➤ Santiago Gimenez: €30.2m
➤ Warren Bondo: €10.4m

Signigns Milan summer 2024

Cost of loans

➤ Joao Felix: €3m
➤ Tammy Abraham: €1.5m
➤ Riccardo Sottil: €0.75m
➤ Walker: Free

Sales and other operations

➤ Tijjani Reijnders: Sold for a fixed price of €54.9m, generating a capital gain of €41.9m.
➤ Pierre Kalulu: Sold for €13.5m, generating an almost full capital gain of €13.2m.
➤ Jan-Carlo Simic: Sold for €2.6m, generating a capital gain of €2.5m.
➤ Luka Romero: Sold for €3.2m, generating a capital gain of €1.6m.
➤ Marco Pellegrino: Sold for €3.5m, generating a capital gain of €1.2m.

Departures Milan summer mercato 2024

Total capital gains: €55.9m, net of the amortised costs.

➤ Emerson Royal was written down by €3.4m, bringing his net value down to €8.5m (the presumed transfer value).
➤ Marko Lazetic was written down by €1m (currently at Aberdeen).
➤ Alvaro Morata’s value was devalued by €2.9m as part of the trilateral agreements with Galatasaray and Como.

Raimondo adds that the transfer values ​​as reported in the 2024/25 financial statements represent a final and ‘conservative’ view of the various transactions, the financial return of which – historically – is often higher because of bonuses and potential sell-on fees. In essence, it is the minimum amount.

At the end of the 2024 summer transfer window we published our own round-up of the signings made and the sales completed based on the reported figures.

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