

FolioPitch.com – 19 July 2026 | The prospect of Phil Foden joining AC Milan this summer has been officially ruled out by renowned transfer expert Gianluca Di Marzio, who stated that the financial parameters of a deal are beyond the club’s reach. “Outside of Milan s budget Di Marzio states move for Foden is unlikely this summer,” the journalist declared during an appearance on Calciomercato – L’Originale. The comments have dashed the hopes of Rossoneri fans who dreamed of seeing the Manchester City star in red and black.
Outside of Milan s budget Di Marzio states move for Foden is unlikely this summer, and the reasoning is clear: the combined transfer fee and wage demands would stretch Milan’s finances far too thin. Di Marzio explained that, despite conducting due diligence on the player, the salary and wage parameters simply do not align with the budget made available by club owner Gerry Cardinale. The report, relayed by MilanNews, underscores the harsh financial realities facing the Serie A side as they look to reinforce their squad.
Milan’s transfer budget is believed to be in the region of €250 million, inclusive of player sales. However, spending upwards of €60 million on a single player like Foden—who is entering the final year of his contract at City—would leave little room for other necessary acquisitions. Even if Foden were available for a cut-price fee due to his contract situation, his wages would likely exceed Milan’s wage structure. “It was always a dream signing, but dreams rarely match reality,” one club insider noted.
Outside of Milan s budget Di Marzio states move for Foden is unlikely this summer, echoing the sentiment of many pundits who viewed the transfer as highly improbable from the start. Foden, a boyhood Manchester City fan, has enjoyed a stellar career at the Etihad, and while his contract situation has sparked speculation, City are expected to trigger an extension clause long before he becomes available on a free transfer. For Milan, the focus now shifts to more attainable targets who fit within their financial framework.
This development is a blow to fans who had hoped for a marquee signing, but it also highlights the prudent approach the club is taking under Cardinale’s ownership. Milan are building a sustainable model, and splashing out on Foden—however talented—would contradict that philosophy. As Di Marzio concluded, “Outside of Milan s budget Di Marzio states move for Foden is unlikely this summer,” leaving little room for ambiguity.
In conclusion, while the idea of Foden at San Siro was tantalizing, financial constraints have firmly closed that door. Milan must now look elsewhere to strengthen their squad for the upcoming season, with the Champions League a priority. The club’s strategy of investing wisely rather than chasing superstars is likely to serve them well in the long term, even if it disappoints in the short term.
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