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AC Milan transfer news: €145m summer budget revealed, €20m exit for misfit key

AC Milan will reportedly have a summer transfer budget of €145m, but that includes funds raised through selling players surplus to requirements.

The Rossoneri saw Yonghong Li complete his takeover of the club last month, but there have been ongoing question marks raised over how deep his pockets really are.

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As reported by Calciomercato, it’s suggested that Milan will have €145m to spend this summer with the money being raised through a combination of ways.

It’s claimed that €55m will be raised through a bond issued in Vienna, €60m will be available through a second capital increase while the remaining €30m will come from player sales, most notably perhaps the departure of Carlos Bacca.

The same publication add that Milan are hopeful of receiving €20m for the Colombian international, with the likes of Marseille, Arsenal and Sevilla all said to still be keen on acquiring his services.

Having struggled under Vincenzo Montella this season with a noticeable inability to thrive in his preferred system and offering little more than goals which haven’t arrived consistently enough either, it’s been a problematic year for Bacca and an exit would arguably make sense for all concerned.

Whether it’s enough for Montella to add what he needs and ensure that the Italian giants build on this season and continue to make progress remains to be seen, but he’ll have key areas to address immediately.

A defensive partner for Alessio Romagnoli, a central midfielder, a possible replacement for Gerard Deulofeu if he returns to Barcelona or a permanent move and a striker to replace Bacca are seemingly all on the agenda at this stage.

Milan will continue to push for Europa League qualification between now and the end of the current campaign, but the new ownership have made their feelings clear in that they expressed an immediate desire to return to the Champions League and reinforcements will be needed to make that happen.

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