MN: Cardinale still pursuing self-sustainability for Milan - what it means for the mercato
Briefly

MN: Cardinale still pursuing self-sustainability for Milan - what it means for the mercato
Milan is undergoing rapid leadership changes after a disastrous season, with the CEO, sporting director, head coach, and technical director all dismissed within 24 hours of the season finale. Gerry Cardinale, alongside Zlatan Ibrahimovic and Massimo Calvelli, will appoint a new CEO, sporting director, and coach, with Andoni Iraola currently viewed as a leading candidate. The rebuild will extend beyond staffing to decisions on squad foundations, player sales, and transfer strategy. Key financial questions include whether the salary cap remains around €5–5.5m, how much emphasis stays on annual player costs, and whether profitability each season remains essential. With limited ability to inject non-repayable funds, player trading is expected to fund investment and cover deficits, including losses from missing Champions League revenue.
"Gerry Cardinale has set out the blueprint for the 'new Milan', which he aims to assemble over the coming days and weeks. However, less than 24 hours after the season finale, the CEO Giorgio Furlani, sporting director Igli Tare, head coach Massimiliano Allegri and technical director Geoffrey Moncada were all sacked. As MilanNews report, for now everything is in the hands of Cardinale, Zlatan Ibrahimovic and Massimo Calvelli. The three will have to appoint a new CEO, a Sporting Director, and obviously a new coach, with Andoni Iraola's name appearing to be the hottest one at the moment."
"These will only be three foundation stones of a much larger plan. Which players will be built around? Who will be sold? Above all, what will the transfer strategies be? Will the salary cap remain the same, around €5-5.5m? Will enormous importance still be placed on the annual cost of players (Christopher Nkunku is the exception, given he costs €12-13m per year)? How crucial will it be to finish each season with a profit?"
"When he invested in Milan, buying the club for €1.2bn, Cardinale found several investors - both 'traditional' and otherwise - to whom he promised a significant return on the deal in X years' time when he sells the club, most likely after building a new stadium. In the time between these two events, as has happened so far, it is highly unlikely that he will be able to inject further 'non-repayable' funds through capital increases necessary to cover any losses. Player trading will continue to be of great importance, both to continue investing and to cover any budget deficits resulting from the failure to achieve certain sporting results and the resulting loss of Champions League revenue."
Read at SempreMilan
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