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much ado about nothing this topic. The debt is nothing to worry about, and in fact, if I remember correctly our debts a decade ago were much, MUCH worse.
Compared to other clubs our stature, 24m is nothing, especially as I remember reading Inter had a loss of somewhere around 180m euros last season. Galliani's point is to press the shareholders (those beyond Berlu, possibly his kids) to invest more intelligently in Milan, as he claims it's because of them that have players like Dida, Serginho, Favalli, Emerson and Cafu earning similar amounts to our top stars (Pirlo, Gattuso, Seedorf etc).
The cause of these debts are from wages and taxes. We spend 20-30m euros per season on players we don't need, which is a list including Cafu, Serginho, Brocchi, Digao, Ba, Simic etc. Italian football is struggling to keep pace with other major leagues financially, and when you spend a fortune on players that aren't used, then it's pretty natural you're going to have a loss (I remember reading somewhere that guys like Brocchi and Emerson are earning 4m euros each). Berlu has already hinted at this policy changing over the coming seasons, as we intend to trim the size of the squad but with quality players (many of whom, like Flamini, would probably be overjoyed to earn the same as Emerson).
Finally, onto the comment on Kaka. Yes, saying that to deal with debts we would have to sell Kaka for £55m to Real is asking for trouble, but it's clear that we won't sell Kaka. Firstly, the club can continue to run as normal even with these debts, as Berlu is still the owner, and so will pump money into the club (and as I said, the debts aren't particularly impressive). Even if we were in a situation where we needed to sell players, Kaka isn't likely to be the first to go, as with players like Brocchi, Gourcuff, Emerson, Simic etc, we could fetch a fair amount. Simply mentioning Kaka's name will pressure the money wo/men to invest.
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