GdS: How Allegri, Tare and Furlani's sackings could cost Milan over 20m

AC Milan initiated a thorough reorganisation of the sporting department after the final matchday outcome left the club without Champions League qualification. RedBird Capital Partners confirmed a managerial shake-up through official channels, involving the departure of Massimiliano Allegri, Igli Tare, Geoffrey Moncada, and Giorgio Furlani. The club expects the dismissals to create non-recurring charges in the financial statements as of June 30, 2026. Milan will set aside costs for the emoluments of the four positions during the current financial year, continuing until contractual expirations. The largest costs involve the CEO and the coach, with Furlani and Allegri carrying the biggest outlays based on their renewed and existing contracts. Settlements may reduce the final amounts, especially for Allegri.

"A statement on Monday from AC Milan sent shockwaves around Italian football as four key figures went in one fell swoop. The managerial shake-up by RedBird Capital Partners, confirmed through Milan's official channels, will not be a cheap thing for the club. La Gazzetta dello Sport report that it will cost around €22m to sack Massimiliano Allegri, Igli Tare, Geoffrey Moncada and Giorgio Furlani."

"The shocking outcome of the final matchday of the season, leading to the club's failure to qualify for the Champions League, prompted Gerry Cardinale to initiate a 'thorough reorganisation of the sporting department'. These four layoffs, which, from an accounting perspective, will translate into non-recurring charges in the financial statements as of June 30, 2026."

"Milan will set aside the costs of the four positions' emoluments during the current financial year, expected until their respective contractual expirations. The largest outlays concern the CEO and the coach. Furlani recently renewed his contract until 2028, with a net salary of €3m net per year plus bonuses, a total of approximately €10m gross. Allegri has a contract until 2027 at €5m net, equivalent to €9m gross."

"In 2025, Tare signed a three-year agreement worth €800,000 net: the remaining €3m gross. Moncada's renewal was practically a done deal, but the contract has not been filed, so Milan will only have to pay him until June 30th. Clearly, these costs are theoretical at the moment. Settlements could be found, especially with Allegri if he were to want to take another job."

Read at SempreMilan