Summer mercato 2009

Milan are going to pay the player individual tax rates i pretty sure of that every single other team in europe pays players individual tax rates. How do you think we get players if we ask the to pay their taxes. there is no way in hell Milan would ever pay 18 million euros to a player. even under your assumption he would earning 16 or 15 million euros before tax and retain 57% of his income

First of all, I am not making these up. The 50% thing is something that I had been reading from Galli's words since he said Milan could not sign Henry b/c of the tax rate diff from Spain.
And I am not the only one who is saying this.

Individuals are considered resident in Italy if they are registered in the
official register of population; their principal place of business and interests
is located in Italy; or if they remain in Italy for more than six months in any
calendar year.
Progressive rates for IRPEF for 2008 are as follows:
Taxable Income (EUR) Rate (%)
Up to 15,000 23
15,001–28,000 27
28,001–55,000 38
55,001–75,000 41
Over 75,000 43

now i got this from a official Italian economic forum which is much more reliable than Galliani, do you really think that the government taxes individual who earn 77,000 euros 50% of their income. 43% is the standard rate. corporation tax is around 47% but that only applies if Milan make a profit.

Originally Posted by Hasan Rossonero

Wolfsburg: Dzeko is not for sale. We are not interested in negotiating.

Maldini: To think of winning the Champions League without Kaka' is an unrealistic dream.

tgcom, milannews etc.

Wolfsburg will play hardball with Dzeko. Our advantage is Dzeko himself is pushing for this transfer as hard as possible, so I think it's still very realistic.

I think Maldini's actual comment was it will be really difficult to win the CL without players like Kaka.

Originally Posted by Hasan Rossonero

milannews are saying that Milan is no longer in the red, and Berlusconi wants balanced books at all times. He also wants reduced salaries and little movement in the market.

If this is true Berlu should just sell up. You don't need to be Stephen Hawking to knows that we can't just remain out of the red unless the club suddenly decides it's no longer capable of competing at the highest levels, which even then if the club goes downhill, so does our revenue, which means we'll still struggle. To stay at the highest levels it will take a generation or two to rework our spending policies and balance that out with success in major competitions, as well as investing in key areas that are cheap in the long term (read youth projects).

Originally Posted by johncharles365

Individuals are considered resident in Italy if they are registered in the
official register of population; their principal place of business and interests
is located in Italy; or if they remain in Italy for more than six months in any
calendar year.
Progressive rates for IRPEF for 2008 are as follows:
Taxable Income (EUR) Rate (%)
Up to 15,000 23
15,001–28,000 27
28,001–55,000 38
55,001–75,000 41
Over 75,000 43

now i got this from a official Italian economic forum which is much more reliable than Galliani, do you really think that the government taxes individual who earn 77,000 euros 50% of their income. 43% is the standard rate. corporation tax is around 47% but that only applies if Milan make a profit.

My point is not the actual tax rate, the point is that teams in Italy do need to pay alot more for the players to have the same amount of salary than places like Spain. Whether it is 43% or 50%, Clubs in Spain or even in England only need to pay half of that. Thats a big diff.

Originally Posted by Hasan Rossonero

milannews are saying that Milan is no longer in the red, and Berlusconi wants balanced books at all times. He also wants reduced salaries and little movement in the market.

What?he just cant stop playing with us..this is vomit

Originally Posted by Gabriel489

You are getting it mixed up dude. Nobody is paying 100% tax, they are only paying 50%.

Milan paid Kaka 18MIl a year, tax rate = 50%, thus Kaka actual earning is 9mil.
Galli once mentioned that in Spain the max rate is only 25%.
Thus if Milan is in Spain, all they need is to pay Kaka 13.5 mil, tax rate=25%, thus Kaka actual earning is 9mil. But the club actually have 4.5mil more to spend.

my bad not considering the 9 mio as the amount after reducing 23-43% italian progressive tax rate (not fully 43%).
actually not 13.5 as i mentioned before but less below 18 (with gross up method).

Thx for ur correction

for the last time.
stop talking about depts..its ridiculous
stop talking about economical crisis..

i study economics(business of administration),and a gr8 lecturer gave a speech a week a go in my university,somewhere between his words,he said that economical crisis has not affected big european football clubs and it will never do,it may have affected some owners,but the stocks and the books of the clubs as firms are the most stable in the financial world..and that was sth that they all expected,because of the club's relation to it's customer(us,it's fans)..

silvio is vomit..he is the only one to have used this reasoning,because he is used to manipulting his audience..

England pay 40% tax rate for earners above 37,000 it not that much different from Italy i can't be bothered to look up spains which i assume is probably lower otherwise it wouldn't have so many expatriates. to be honest if were at Arsenal who pay 120 million euros in wages you would assume they pay 50 million plus corporation tax 28% in taxes where as milan would pay 56 million in taxes hardly a vast difference. the reason the epl doesn't have to worry about tax rates is that its income is in excess of 1.71 billion pounds pa.

Originally Posted by mzk57

Igor Akinfeev (25 mil) and Juri Zirkov (25 mil)[/u]
If ACM go for either of them alone, there are more chances of them rejecting the move. But if ACM go for them together, there are more chances that they would end up at Milan. 99.9% fans would love to see Zirkov at ACM, so no question there. His price tag set by CSKA is 18 mil pounds, so it would be round about 25 mil euros if I am not mistaken. As for Igor Akinfeev, well enough of Abbiatti, d!da and Kalac. We need a world class gk, and IA is certainly a great gk. Plus he is just 22-23, so get him now for little expensive and for get about signing a new gk for the next 10 years

I was just checking over the gossip section on BBC and found this:

CSKA Moscow star Yuri Zhirkov says he is dreaming of a transfer to Barcelona or Milan - but has not ruled out a move to Chelsea.

It linked to a story on Setanta where he said he had always supported Barcelona and Milan as a boy and would prefer to play for one of those two clubs. But when they asked which he would choose, he said (laughing) whichever offered the biggest contract. But then he said he might slightly prefer Barcelona because he loves the city and has friends there.

http://www.setanta.com/uk/Articles/F...an/gnid-56473/

Originally Posted by ACMILAN1983

Wolfsburg will play hardball with Dzeko. Our advantage is Dzeko himself is pushing for this transfer as hard as possible, so I think it's still very realistic.

I think Maldini's actual comment was it will be really difficult to win the CL without players like Kaka.

.

"Per il Milan è un cambiamento epocale - afferma nella conferenza stampa di San Siro -. Pensare di vincere la Champions League senza Kakà può essere utopistico"

It is a clunky metaphor, I admit, but one that is bandied about quite a bit by players.

He thinks that having CL aspirations without Kaka' is utopian. I translated it keeping this in mind.

-----


Maldini: We won't win without Kaka
Wednesday 10 June, 2009
Legendary Milan defender Paolo Maldini believes winning the Champions League is 'a utopia' now Kaka has left for Real Madrid.

The 40-year-old retired from football last week, having made 902 appearances for the Rossoneri over a quarter of a century.

“For Milan, it's the end of an era,” Maldini said. “To think about winning the Champions League without Kaka is utopian.

“Kaka is one of the top five players in the world. He is the first of this level to have been sold. The other four haven't moved.

“When Franco Baresi retired, I felt lost. I only saw black. But then Milan knew how to start all over again.

“This club has always gone forward. I understand the moment, but if the club manages itself as it has done up until now the story will continue,” he explained.

Maldini then went on to talk about the Ultras, who whistled him during his last game at San Siro against Roma.

“I expected something different. I believe that Adriano Galliani took it personally. He has his directors and his people.

“The words of Berlusconi have put me at ease, with a peaceful heart he said the things I wanted to hear.”

Looking to the future, Maldini believes Milan will come to rely on their remaining Brazilian stars, namely Ronaldinho and Alexandre Pato.

“Ronaldinho could become a leader, but it's up to him. He has to take more responsibility,” Maldini said.

“I don't believe Pato will leave. The hope is that we will be able to see him at Milan for many years to come. He has yet to fully understand his talent. He is only 19.”

On being asked to describe what he will do now he is retired, Maldini replied: “Manage family life. I have had various proposals. Nothing from Milan yet, but there is still time to speak about something.

“They have other priorities at the moment. Let's say that if there is a chance to work in a role of responsibility it will be difficult to say no.

“One thing is certain. I don't just want to be a face. I now await a meeting with the team to see what it is like to be on the other side,” he concluded.


channel4

http://www.goal.com/en/news/12/spain...-madrid-report

and this is really interesting,thats the real cost of a big transfer..read it

you thats not true if you are a economist you would know that advertisement revenues and sponsorship deals will decrease not by much but it will affect Milan income. Milan income is divided into three portions TV deals merchandise and ticket receipts. The main portion of Milan income comes from media set deal that earns Milan approximately 150 million per season. while match day tickets revenues earn Milan about 32 millions per season and of course commercial/merchandise earns Milan 50 million euros a season. there two fixed incomes here firstly the tv deal which contracted until 2013 and the match day funds which made of season ticket holder. the third commercial and merchandising is more likely to fluctuate due to disposal incomes decreasing. In addition Milan is owned by a investment company finivest who is heading for decrease in profits of up to 5%. Now with all the contributing factors it is likely Milan revenue will decrease by 5 maybe 10 million euros but the biggest problem is that the holding company will decrease it investment in Milan by 20 million euros. It could be more as Marina Berlusconi is pushing for Milan to be self sufficient.

Originally Posted by Hasan Rossonero

“Ronaldinho could become a leader, but it's up to him. He has to take more responsibility,” Maldini said.

Exactly what I've been saying. Thank you Paolo!

Originally Posted by johncharles365

England pay 40% tax rate for earners above 37,000 it not that much different from Italy i can't be bothered to look up spains which i assume is probably lower otherwise it wouldn't have so many expatriates. to be honest if were at Arsenal who pay 120 million euros in wages you would assume they pay 50 million plus corporation tax 28% in taxes where as milan would pay 56 million in taxes hardly a vast difference. the reason the epl doesn't have to worry about tax rates is that its income is in excess of 1.71 billion pounds pa.

I don't know if 43% is the right number since 1-2 years ago a user from Italy said that the tax is 50% in Italy. I still assume the tax is 50% and 10% difference is still big, even 3%, like you assume, is also big enough.

If Arsenal pay 120 mil wages (netto), then they have to provide 100/60 times 120 mil euros = 200 mil euros (80 mil euros, which is 40% of 200 mil euros, is the tax). Milan in the other hand must spend 100/57 times 120 mil euros = ca. 210,5 mil euros. 10,5 mil euros a year is big enough.

Assuming in Italy tax is 50%, 10% difference with in England will be 40 mil euros which is really big.

BUT I am saying it again, Milan should manage the wages of their players carefully, some players just earn too much!