I wouldn't be surprised if in the end, Vlahovic goes to Milan for a transfer fee of EU18-19m (avoiding a capital loss) but where we have to pay 50% of his wages for a year in the form of compensation to Vlahovic. Optically, the deal will seemingly suck.
But, the P&L impact would be +30m in FY26 and +42m in FY27. This is because in FY26, we would save 18.5m in amortization +24m in gross wages minus 12m in the "payout" for FY26.
From Milan's perspective, Allegri gets a striker he knows well who he thinks can score 15-20 goals in a season for 18m + 6m in net salary (12m gross).
From out perspective, we could get Muani on a 10m loan +14m in gross salary = -24m (still less than what the benefit is from the Vlahovic deal) and save even more in FY27.
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