GdS: Higher 'salary cap' in place at Milan since RedBird's takeover
Briefly

GdS: Higher 'salary cap' in place at Milan since RedBird's takeover
"Milan were incredibly strict with the wage bill for quite some time, especially since it even blocked some signings. In recent years, however, there has been a change on this front with more and more money invested in player contracts."
"Even though salary cap has been thrown around before, Milan have never had a formal limit on the wages. Broadly speaking, though, it was at around €4m when Elliott still owned the club and with RedBird, it has increased to around €7m."
"Rafael Leao and Mike Maignan both earn upwards of €7m including bonuses per season, with the base salaries set at around €5m, and Christopher Nkunku also earns €5m."
AC Milan's wage structure has evolved, particularly since Elliott Management's ownership. Initially, the club maintained a strict wage bill around €4m, which limited signings. Recently, under RedBird ownership, salaries have risen to approximately €7m. Key players like Rafael Leao and Mike Maignan earn over €7m, while Christopher Nkunku's gross cost reaches €9.25m. Despite these increases, Milan remains behind competitors in total wage expenditure.
Read at SempreMilan
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