AC Milan Saves €10 Million by Dismissing Paulo Fonseca Before New Year
AC Milan terminated head coach Paulo Fonseca's contract just before the New Year, activating a clause that limits his severance pay to €5 million instead of €15 million, resulting in significant financial savings for the club.
Following a home draw against AS Roma in Serie A, AC Milan swiftly dismissed their Portuguese head coach, Paulo Fonseca, and appointed Sergio Conceicao as his successor. Despite two and a half years remaining on Fonseca's contract, a specific clause allowed Milan to minimize financial repercussions.
According to reports from Italian newspapers, including Tuttosport, Fonseca's contract contained a provision stipulating that if he were dismissed before January 1, 2025, Milan would only be obligated to pay his salary until the end of the current season. By terminating his contract on December 30, Milan limited Fonseca's severance package to €5 million, avoiding a potential payout of €15 million had they waited until after the New Year.
During his six-month tenure, Fonseca led Milan in 24 matches, achieving 12 wins, 6 draws, and 6 losses. His departure paves the way for Sergio Conceicao to take the helm, as Milan aims to improve its standing in Serie A.
Paulo Fonseca Dismisses AC Milan Dismissal Rumors: 'I Have No Information'
AC Milan's head coach, Paulo Fonseca, addresses recent rumors about his potential dismissal, stating he has not been informed of any such decisions by the club's management.
Paulo Fonseca Confirms Dismissal from AC Milan
Following a 1-1 draw against AS Roma, AC Milan's head coach, Paulo Fonseca, has confirmed his dismissal from the club.
Paulo Fonseca's Farewell Message to AC Milan Fans After Dismissal
Following his dismissal, Paulo Fonseca returned to AC Milan's training center to bid farewell to the players and express gratitude to the fans for their support during his tenure.
AC Milan Dismisses Paulo Fonseca After Six-Month Tenure
AC Milan has officially parted ways with head coach Paulo Fonseca following a series of underwhelming performances, culminating in a 1-1 draw against AS Roma.
AC Milan Poised to Dismiss Paulo Fonseca Following Draw with Roma
Reports from Italian media indicate that AC Milan is set to terminate head coach Paulo Fonseca's contract after a 1-1 draw against AS Roma, with Sérgio Conceição emerging as the leading candidate to replace him.
AC Milan's Disrespectful Dismissal of Coach Fonseca Sparks Outrage
AC Milan's recent dismissal of head coach Paulo Fonseca has drawn widespread criticism due to the perceived disrespectful manner in which it was conducted.
Massimiliano Allegri Poised to Replace Paulo Fonseca at AC Milan
AC Milan's management is considering replacing current head coach Paulo Fonseca with former Juventus manager Massimiliano Allegri due to unsatisfactory team performance.
Paulo Fonseca Denies Tensions, Affirms AC Milan's Confidence in His Leadership
Amid rumors of discord with AC Milan's management, head coach Paulo Fonseca asserts the club's unwavering support ahead of the Champions League match against Red Star Belgrade.
