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MN: More than 200m spent – Milan’s transfer figures for 2025/26 revealed

By: Ben Dixon With AC Milan’s accounts submitted in recent weeks, some figures are now coming to light, such as the transfer fees paid. 2025/26 was a big year of investment for Milan, with them again leading the incoming transfer…

Published: Saturday, 17 October 2026 at 12:00 PM
MN: More than 200m spent – Milan’s transfer figures for 2025/26 revealed
Key Things to Know
  • AC Milan spent over €200 million on transfers during the 2025/26 season according to official financial statements.
  • Goncalo Ramos was the club's most expensive permanent signing of the campaign at €73.1 million.
  • Christopher Nkunku completed a permanent move for €37.9 million, slightly higher than midfielder Ardon Jashari.
The Story in 60 Seconds

AC Milan spent more than €200 million on permanent player transfers during the 2025/26 season, according to financial statements reported by MilanNews. Despite leading Serie A incoming transfer spending, the club endured an underwhelming campaign and failed to qualify for the Champions League.

Goncalo Ramos represented the highest expenditure at €73.1 million, followed by Christopher Nkunku at €37.9 million and Ardon Jashari. Other permanent additions included Samuele Ricci for €24.8 million, Koni De Winter for €21.4 million, Pervis Estupinan for €18.3 million, Zachary Athekame for €10.9 million, David Odogu for around €8 million, Cisse for €8.4 million, Adrien Rabiot for €7.4 million, and Luka Modric for €1.8 million.

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