Fassone: No big January spending
Marco Fassone admits Milan will only spend “if it’s strictly necessary” after the club posted a €32.6m loss.
Sport Mediaset reports Fassone made the remark after a small shareholders meeting at Casa Milan on Tuesday.
It was there that Milan announced they had made a loss of €32.6m between January 1 and June 30, €3.4m down on the same period last year.
Furthermore, Rossoneri owner Li Yonghong was confirmed to have paid €22m last Friday, as part of an expected capital increase.
That came after an initial investment of €27m in September, although it is still €11m short of the €60m that the club had forecast.https://www.football-italia.net/112752/ ... y-spending