Milan's recent signings, Santiago Gimenez and Christopher Nkunku, have not justified their hefty price tags according to a statistical analysis. Gimenez cost €28.5 million plus bonuses, while Nkunku's total was €37 million plus additional fees.
Revealed: Nkunku & Gimenez cost per goal at Milan
Revealed: Nkunku & Gimenez cost per goal at Milan
The numbers make for uncomfortable reading at Milan headquarters as a damning statistical breakdown published by TMW has laid bare the extent to which the club’s two most significant recent attacking investments have failed to justify their price tags, and the figures are stark.
Santiago Gimenez arrived from Feyenoord for €28.5 million plus €6.5 million in bonuses, while Christopher Nkunku cost €37 million plus €5 million in bonuses and a ten percent sell-on clause from Chelsea.
Combined, Milan have committed a potential €77 million on the two forwards, and the return has been deeply underwhelming, as noted by TMW, via MilanNews.
ITALY – SEPTEMBER 23: Santiago Gimenez of AC Milan celebrates after scoring to give the side a 1-0 lead during the Coppa Italia Frecciarossa Round of 16 match at Giuseppe Meazza Stadium on September 23, 2025 in Italy. (Photo by Jonathan Moscrop/Getty Images)
Nkunku & Gimenez costly per goal for Milan
Gimenez has scored seven goals in 32 appearances, though lengthy injury absences have hampered his campaign. Nkunku has managed six in 29 matches.
Together, 13 goals from 61 appearances represents a return that falls well short of what Milan needed from their marquee attacking signings.
The cost-per-goal breakdown is even more sobering, at over €5 million per goal between them, and approaching €1 million per appearance for Gimenez alone.
The summer will force difficult decisions. Selling either player without incurring a significant loss on the books will be challenging, and Milan have made clear they are not prepared to accept a financial hit.
Yet retaining two forwards who have collectively failed to fire raises its own uncomfortable questions about the direction of the club’s transfer strategy heading into what promises to be a pivotal window.
Q&A
What is the total cost of Santiago Gimenez's transfer to Milan?
Santiago Gimenez's transfer to Milan totaled €35 million, which includes €28.5 million plus €6.5 million in bonuses.
How much did Milan pay for Christopher Nkunku?
Milan paid €42 million for Christopher Nkunku, which consists of €37 million plus €5 million in bonuses and a ten percent sell-on clause.
Why are Milan's recent signings considered a failure?
Milan's recent signings are viewed as failures due to their inability to justify their high costs, as highlighted by a statistical breakdown of their performance.
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