MN: Milan will increase squad cost by selling Thiaw and signing De Winter – the figures

2 months ago 45

AC Milan will soon say goodbye to Malick Thiaw and hello to Koni De Winter, which will have an impact on the budget.

What kind of financial impact do such deals have? As MilanNews report, Thiaw was acquired in the summer of 2022 and signed a contract until June 2027. His historical cost is €9.29m and a residual amount of approximately €3.71m.

Since the fixed portion will be €38m, the capital gain received by Milan amounts to approximately €34.3m, from which the 10% due to Schalke 04 will then have to be deducted.

De Winter to arrive

Massimiliano Allegri will soon have a replacement, though. Milan and Genoa have now finalised the deal for De Winter: the defender will wear the Rossoneri for €20m and sign a five-year contract worth €1.7m net.

Taking these figures as true, then the Belgian’s amortisation will be €4m and his gross salary will be around €3.1m, for a total annual cost of €7.1m. Thiaw, between amortisation and gross salary, cost €2.9m.

Koni De Winter of GenoaPhoto by Simone Arveda/Getty Images

So it’s true that after selling for around €40m, Milan are buying for €20m, as Carlo Pellegati. Yet, the price tag isn’t the only thing to consider when delving into these discussions. Due to organisational needs and ownership regulations, Milan is a creature that must stand on its own two feet.

Since this season Milan – after last season’s disastrous eighth-place finish – won’t be participating in European competitions and drastically increasing the cost of the squad would have been sporting suicide, Casa Milan has chosen to cover the ‘hole’ with extemporaneous capital gains for now.

In the Thiaw-De Winter ‘exchange’ Milan obtains liquidity, a useful capital gain for this year without Champions League football, makes the most of a player with less than two years left on his contract, and gets its hands on a Serie A talent.

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