AC Milan finally got their man...Adriano Galliani hustled FC Barcelona yet again. This time, they managed to con FC Barcelona for their most expensive signing in Zlatan Ibrahimovic for a mere 24,000,000€ payable next year.

Let's do the math again.

Zlatan Ibrahimovic to FC Barcelona

49,000,000€ (in a one-off payment)

20,000,000€ (the supposed value of Samuel Eto'o)

------------

69,000,000€ Total Transfer Value

Amortisation over Ibrahimovic five year contract

69,000,000€ / 5 = 13,800,000€ per year

                       +10,000,000€ wages

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23,800,000€ /season

 

Now let's break it down:

2009          2010           2011           2012          2013

Amortisation  13,800,000€ 13,800,000€ 13,800,000€ 13,800,000€ 13,800,000€

Wages          10,000,000€ 10,000,000€ 10,000,000€ 10,000,000€ 10,000,000€

 

Zlatan Ibrahimovic has already been paid for the 2009/2010 season, which means he set us back 23,800,000€ (after amortisation and including the value of Samuel Eto'o). He will be paid for 2010/2011 in full by AC Milan, who have the obligation to buy him next season for a fixed sum of 24,000,000€.

That still leaves us with a net loss of 13,800,000€ (the amortisation rate for 2010). AC Milan are only requested to pay his full wages.

FC Barcelona have paid 69,000,000€ for Zlatan Ibrahimovic services. After amortisation, his value should be set at 51,000,000€.

69,000,000€ 49,000,000€ (excluding Samuel Eto'o's value)

      - 13,800,000€         8,500,000€

      - 13,800,000€        8,500,000€

------------ -----------

41,400,000€       32,000,000€

 

In any case, FC Barcelona are set to make a loss. If the loan deal for Zlatan Ibrahimovic would include a fee, it would make some kind of sense, but since such a fee is not mentioned, I assume there isn't one.

Now let's analyze AC Milan's deal in where they are obligated to pay 24,000,000€. In 2011, AC Milan will make the loan deal for Zlatan Ibrahimovic permanent and offer him a four year contract. 24,000,000€ / 4 = 6,000,000€ (amortisation rate per year)

                                   2010/2011 2012 2013 2014            2015

transfer fee        x           6,000,000€   6,000,000€  6,000,000€   6,000,000€

wages 10,000,000€     10,000,000€ 10,000,000€ 10,000,000€ 10,000,000€

 

After their initial loan period, their amortisation rate + wages will only account for 16,000,000€, while FC Barcelona's is 23,800,000€.

AC Milan transfer fee for Ibrahimovic is essentially FC Barcelona's amortisation rate + wages in 2012. Which in reality means after Zlatan's transfer the Blaugrana will subsidize his move to AC Milan with 7,800,000€ for the 2012/2013; 2013/2014 seasons.

Because:

FC Barcelona amortisation rate: 13,800,000€

AC Milan amortisation rate:         6,000,000€

 

Regardless of what Sandro Rossell and his board are saying, this is by far the worst deal in FC Barcelona history.

Impeach the President!