Serie A Spending freely this summer

AC Milan have been enjoying a remarkable summer of spending that will surely see the club propelled back to the summit of Serie A and into the 2018/19 Champions League.

The last time the Rossoneri spent over 100 million euros was in the summer of 2001, and this year they have come close to doubling their tally of that summer, leaving many football fans wondering how they can do this without being penalised by Financial Fair Play.

A loophole in the system will save Milan from any repercussions, for this summer at least, because of a 'voluntary agreement' that is in place.

The voluntary agreement is a way that clubs can 'dodge' the restrictions of FFP, and is of real significance to clubs, like Milan, who have recently changed their ownership.

UEFA allow for teams who do not have their accounts in order or those who have recently changed their sources of investment to have three years to come within the parameters set by FFP while avoiding sanctions.

Milan's Chinese investors have launched a project called 'Milan China' with the aim of promoting the club in the Asian nation to maximise their sales revenue in the country and subsequently boosting their income.

After that, increased income will be largely reliant on their performances on the field, and whether or not they can return to the Champions League and the title-winning days of the past.

Having already submitted documentation outlining their plan to UEFA, European football's governing body have requested a more detailed account of the process that is to come and its viability.

For now, Milan are safe, but they will meet with UEFA again in October.