Milan boss: Milan ranked first in Serie A in transfer spending this summer and will raise its finances to the Premier League level in the future

Milan boss Cardinale recently accepted an interview with the American podcast "The Varsity" and talked in detail about his investment, paying special attention to AC Milan, the construction plan of the new stadium, and his views on investing in European and Italian football.
What is it like to own a club like Milan?
"First of all, it depends on which jurisdiction you own the team. Probably the most difficult thing I have ever done, it is a challenge because the ecosystem I am in is very resistant to change. But it is also our investment philosophy."
"For the first time in three years of owning AC Milan, we achieved positive cash flow growth, the first time in 17 years for Milan. And I will not keep that money to myself, I will keep it Reinvest in the team. We spent more than any other Serie A team last summer. "
"We are building a new stadium, not to make money, but to change AC Milan's financial situation and raise it to the level of a Premier League team. "
German transfer data shows that Milan spent 162 million euros this summer and indeed ranked first in Serie A. However, it earned 176.3 million euros from selling players and made a profit of 14.3 million euros.
source:7 livescore