Milan have sacked coach Massimiliano Allegri and directors Giorgio Furlani, Igli Tare and Geoffrey Moncada, a move that could cost the Rossoneri up to €22m.
Milan will start over in the summer, after the Serie A giants sacked their most prominent coach and directors following a fifth-place finish in the 2025-26 season, which left the team out of the Champions League.
Italian outlet Gazzetta dello Sport explains in detail how this move will financially affect the club, reporting that it could cost up to 22 million euros.
“From an accounting perspective, it will be recorded as a non-recurring expense in the financial statement for the year ending June 30, 2026,” the Italian newspaper explained.
The largest payments relate to the executive director, Furlani, and coach Allegri.
Furlani’s contract was expected to expire in 2028. His salary of €3 million per year plus bonuses means the total amount is around €10 million gross.
Allegri remains under contract until June 2027 with a salary of 5 million euros, around 9 million euros gross.
The remaining amount in Tare’s contract is estimated at 3 million euros gross, as the former sports director was under contract until 2028 with a salary of 800,000 euros.
According to the report, Moncada had recently agreed to sign a new contract with Milan, but had yet to sign it, so he only has one month left on his deal with the Rossoneri.
Of course, the dismissal costs that Milan will set aside in the current financial year could be reduced in the future if Tare, Allegri and Furlani reach agreements with other clubs or companies.
Allegri, for example, is said to be among the leading candidates for Napoli to replace Antonio Conte.
