Donnarumma Signs AC Milan Deal. Release Clause £88m

Donnarumma Turns Down €13m A Year To Stay With Milan

Gianluigi Donnarumma transfer
Image: goatling

Real Madrid and Manchester United transfer target Gianluigi Donnarumma has signed a new five-year contract with AC Milan. The 18-year-old has signed a deal worth less than half of what he could have earned elsewhere.

Donnarumma will earn €6million a year with the Serie A side. That’s nett of taxes and it’s the equivalent of £185,000 a week gross. It’s almost twice as much as Milan’s initial offer of €3.2million a year but it still makes him the highest-earning player in Serie A.

But the teenager could have earned twice as much elsewhere. Paris Saint-Germain offered him €13million a year after tax with a huge array of add-ons and bonuses.

Donnarumma’s agent Mino Raiola appears to have wrong-footed his client by insisting he wouldn’t sign a new contract at the San Siro. The keeper was more interested in remaining with Milan than the agent anticipated.

Milan have also secured a two-tier release clause. Should the club qualify for the Champions League then Donnarumma’s release clause will stand at €100million (£88million). Even if they don’t – as at present – the clause will still be €50million (£44million).

There is an additional benefit for the Donnarumma family. Gianluigi’s 26-year-old brother Antonio Donnarumma, who spent last season with Greek Super League side Asteras Tripoli, joins Milan on a salary worth €1million a year nett (just over £30,000 a week).

Antonio came up through the youth ranks at AC Milan, but he left in 2010 for a career spent at lesser Italian clubs such as Piacenza, Gubbio, Bari and Genoa. He moved to Asteras in the summer of 2016. Some reports claim he will act as his brother’s direct understudy. Others suggest he will be Milan’s third-choice keeper in which case it’s a huge wage for a player who is highly unlikely to stay. He didn’t make a single first-team appearance during his first spell with Milan.