FIGC president Carlo Tavecchio has expressed his apprehension over the summer spending sprees by Serie A clubs Inter and AC Milan.
The Nerazzurri have already splashed €30 million on midfielder Geoffrey Kondogbia as well as bringing in Portuguese defender Miranda, despite being fined €20m for UEFA financial fair play breaches in May and placed under restrictions; Milan meanwhile have spent around €50m on Andrea Bertolacci and Carlos Bacca.
Speaking to Gazzetta TV, the 71-year-old stated: “I’m worried about the investments made by Milan and Inter.
“The finances of these two clubs should not allow these magnitude of expenses, unless there is money there without my knowledge.”
Large investment in the Milan rivals has come from Asia in recent years with Indonesian billionaire Erick Thohir entering his third year in charge of the Biscione and the Rossoneri recently receiving investment from private equity magnate Bee Taechaubol.
“Perhaps some people think they can fund team expenses from their own back pocket,” Tavecchio continued, “but we are talking about men of honour.”
The two teams should build new 55.000 stadiums asap.
Mr. Tavecchio is worried about Inter and Milan spending up to €50m, yet nobody bats an eyelid when Madrid spends the same amount or more… It’s frustrating seeing Milan buy bad players on the cheap.
i think a great team like milan spendind this amount of money to make the team better is fair
Exactly why is Mr Tavecchio worried ??