How much will Milan earn from Tonali's record-breaking Tottenham transfer?
Quick summary
Sandro Tonali is set for a record-breaking transfer to Tottenham, with AC Milan set to earn a significant sum from the deal.
Full article
Attributed to original sourceSandro Tonali is set to become the most expensive Italian footballer of all time once his move to Premier League side Tottenham Hotspur is complete, but how much will his former club Milan earn from the deal?
According to reports from various outlets in Italy and the UK, Tonali will join Tottenham from Newcastle in a deal that will make him the most expensive Italian footballer in the history of the sport at a reported cost of €116m (£99.5m) including bonuses.
According to the latest updates from Calcio e Finanza, around €108m of that will be in fixed fees.
Tonali has been spotted at the airport in Milan and is now on his way back over to the UK to complete his record-breaking move to North London. He will also become Spurs’s most expensive signing of all time.
Milan entitled to 10% of Tonali profits, not of the total transfer fee NEWCASTLE UPON TYNE, ENGLAND – FEBRUARY 28: Sandro Tonali of Newcastle United during the Premier League match between Newcastle United and Everton at St James’ Park on February 28, 2026 in Newcastle upon Tyne, England. (Photo by George Wood/Getty Images) When Tonali joined Newcastle in the summer of 2023 , his former club Milan negotiated a 10% sell-on clause, but according to the latest reports from Calcio e Finanza , Milan are entitled to 10% of the capital gains made from Tonali’s next transfer, not 10% of the total transfer fee.
Tonali joined Newcastle at a cost of €60.8m, and according to Calcio e Finanza, his residual value is currently around €27.5m. With Newcastle set to bring in €108m in guaranteed fees from the midfielder’s next move to Tottenham, they are set to record a capital gain of around €80.4m.
Milan are entitled to 10% of that €80.4m fee, slightly above €8m, but will also receive another €1.62m in solidarity contributions. That is a fee reserved for the clubs that trained the player between the ages of 12 and 23.
MILAN, ITALY – MAY 03: Sandro Tonali and Rafael Leao of AC Milan look dejected following the team’s defeat during the Serie A match between AC Milan and US Cremonese at Stadio Giuseppe Meazza on May 03, 2023 in Milan, Italy. (Photo by Marco Luzzani/Getty Images) So, the exact amount that Milan will receive from Tonali’s move to Tottenham comes out to €9.66m according to the football finance experts at Calcio e Finanza.
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What happened
Sandro Tonali is on the verge of completing a record-breaking move to Tottenham Hotspur. The transfer, described as record-breaking, will see AC Milan receive a substantial financial return. The exact figures and structure of the deal, including sell-on clauses and payment terms, are detailed in the article, highlighting the financial implications for Milan's accounts and future transfer strategy. Tottenham's willingness to meet the asking price signals their intent to strengthen their midfield significantly.
Chance analysis
Tonali's departure represents a major blow to Milan's midfield quality, though the financial compensation softens the sporting impact. For Tottenham, acquiring a player of Tonali's caliber addresses a key midfield need and signals serious investment. The deal's structure, including any sell-on percentages, will determine Milan's long-term financial benefit versus short-term gain.
Milan lose a key midfielder but receive a record fee; Tottenham significantly strengthen their midfield options.
Tonali's departure weakens Milan's midfield depth, while Tottenham gain a top-class central midfielder for upcoming matches.