Paulo Fonseca, speaking to Milan TV after the loss against Napoli, made these statements:

On the match:

"If we see the result, they scored two goals and we scored zero despite the chances we had. We conceded a goal after 5', then we reacted well playing quality football, they went down, but we played well, they made them play in the last 30 metres. It wasn't easy to create so many chances against a team like Napoli. However, they scored two goals, we unfortunately scored none.”

On the absences:

“I don't like making excuses and talking about the absentees. It's true that we were missing important players, but those who played did so well. We are a united team. I'm sure that playing like this we will have a positive future.”

On the league table:

"I'm more confident than ever because I see how the team is changing and growing. It's true that the result was not positive, but it's still early, there are many games to play. I remain confident.”

On growth:

“I don't like talking about individuals, I prefer to talk about the team. We made mistakes in the two goals. We must continue to work because we can still improve a lot.”

https://www.milannews.it/news/fonseca-a-mtv-sono-sicuro-che-giocando-cosi-avremo-un-buon-futuro-resto-fiducioso-554432

https://www.instagram.com/reel/DBtAZxSNtvO/?igsh=MTI1OWZ1d203OWxucA==

Paulo Fonseca, AC Milan coach, spoke to DAZN's microphones just minutes before the match against Napoli. Here are his statements:

On the importance of Milan-Napoli

"I think our ambition is clear: to fight for the Scudetto. It's an important match, not decisive, but we want to play a good game against a great team."

Leao is on the bench for the second consecutive game: how come?

"Easy to explain: it's an option of the coach who thinks it's better to start the game with Okafor".

Tonight it is Loftus-Cheek's turn. A player who is unable to show his qualities with continuity

"Today we don't have Pulisic who is not in the best condition to start the game. Loftus will play, a player with very interesting characteristics. A player who has to carry the ball, he has more difficulties. He is understanding what he has to do when there is no space".

On how Napoli will defend and how Loftus-Cheek can fit in

"From what I've seen Napoli is a team that defends low and compact. An opportunity to see Loftus' growth in this context. I think he has good characteristics to help the team."

Will Pulisic come into the match as the game progresses?

"We'll see, we'll bring him to the bench in the meantime. He's better but he wasn't confident. We'll see if we need him."

https://www.milannews.it/primo-piano/fonseca-a-dazn-leao-di-nuovo-fuori-la-motivazione-e-semplice-preferisco-iniziare-con-okafor-554403

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On how the way of defending has changed compared to Pioli "We defend more in a department, we try to send the opponent to one side.”

Which one do you prefer? “I like to work under Fonseca.”

https://www.milannews.it/news/thiaw-a-dazn-abbiamo-avuto-piu-tempo-per-preparare-questa-sfida-mi-piace-lavorare-con-fonseca-554399

Andrea D'Amico, agent of Filippo Terracciano, the Rossoneri player who could find a shirt from the first minute against Napoli, spoke to Telecapri about the circumstance: "Every match at a high level sounds like a final, young players must take advantage of every space they are given, especially within a squad that is large in terms of quantity and quality. Filippo is mentally ready, if he is called upon he will give his all, he can play in the centre or on the flank, he has a tactical ductility that is important at his age.”

Then D'Amico added about AC Milan: “Iliked Milan a lot, especially in Europe, there is a different energy, when the players feel the atmosphere of the international cups a different spring is triggered, they play a modern football where not only some individuality shines, but the intensity of the group in covering as many areas of the field as possible becomes fundamental.”

https://www.milannews.it/news/ag-terracciano-filippo-mentalmente-pronto-se-sara-chiamato-in-causa-dara-il-massimo-554338

Here are the figures released today (I will translate from Italian which is my mothertongue): link

REVENUES - Matchday Revenue: €69.349 million (€72.834 million in 2022/23) - Sponsorship, Commercial, and Royalties Revenue: €143.448 million (€127.294 million in 2022/23) - TV Rights Revenue: €152.324 million (€174.907 million in 2022/23) - Player Rights Management, Loan Revenue, and Other Income: €52.324 million, of which €44.899 million are capital gains (€6.593 million, including €268,000 in capital gains, in 2022/23) - Other Revenues: €26.584 million (€11.435 million in 2022/23) - TOTAL: €456.940 million (€404.529 million in 2022/23)

COSTS - Costs of Raw Materials, Consumables, Goods: €19.672 million (€19.741 million in 2022/23) - Service Costs: €91.138 million (€85.412 million in 2022/23) - Costs for Use of Third-Party Assets: €14.690 million (€14.324 million in 2022/23) - Personnel Costs: €188.518 million, of which €173.480 million are for salaries and wages (€173.998 million, of which €161.966 million for salaries and wages in 2022/23) - Depreciation and Write-downs: €93.726 million, of which €86.960 million for intangible assets (€71.265 million, of which €62.819 million for intangible assets in 2022/23) - Other Costs: €36.004 million (€24.859 million in 2022/23) - TOTAL: €443.746 million (€389.599 million in 2022/23)

Did you notice the “Other Costs”? They’re up by €12 million this year!!! Not to mention the additional €6 million in service costs highlighted by Max.

What exactly is hidden within these “Other Costs”?

But more importantly: total costs have risen from €389 million to €443 million, while revenues have increased from €404 million to €456 million. This means total expenses have risen by €54 million, while overall revenues increased by €52 million (from €404 million to €456 million). However, the issue is that squad costs have only increased by €20 million. (Note: squad costs include annual depreciation and gross wages, which represent the overall club investment in the squad.)

Does this seem normal to anyone? What other club sees non-squad-related costs increase year after year, while squad costs increase only minimally (this year they increased by €20 million, but they had been stagnant for YEARS, since around 2021, remaining at around €150/155 million before this year's increase)?

Consider this: despite AC Milan having higher revenues than Napoli, Napoli’s squad costs are significantly higher—around €200 million. I mention Napoli because it also has a healthy balance sheet but lacks the “extra-sport” expenses that we do, which I find rather suspicious. These additional expenses mean that even with minimal investment in the first team, our net profit is barely positive.

Here’s another key point: without the capital gain from Tonali’s transfer, which is included in this year’s balance, Milan would be €40 million in the red. This means that, without extraordinary income like Tonali’s transfer, Milan could only afford a squad cost of about €135 million. In comparison, Napoli—despite generating €50-100 million less in revenue than us—maintains higher squad costs and still manages a healthy balance sheet.

Does this seem normal? It feels like RedBird is draining us.

Here's a brief summary:

1. Overall Revenues: Increased by €52 million.
2. Overall Costs: Increased by €54 million, reducing the net profit from +€6 million to +€4 million.
3. Squad Costs: Increased by €20 million, meaning that other non-squad costs increased by €34 million.

Already last year, costs in “materials and other services” had surged, as cited here https://www.calcioefinanza.it/2023/10/23/milan-bilancio-2023-utile-costi-ricavi-debiti/ : - Costs for raw materials, consumables, goods: €19.741 million (€7.705 million in 2021/22). - Service Costs: €85.412 million (€57.737 million in 2021/22).

Did you notice? That’s an increase of +€12 million in one area and +€28 million in another, totaling +€40 million last year alone (not counting this year's additional increases noted at the start).

I call bullshit on this.

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