Cardinale injects funds into AC Milan's coffers for expected January transfer moves

Italian newspaper "La Gazzetta dello Sport" has revealed that Gerry Cardinale, owner of AC Milan and head of the "RedBird" group, has injected €50 million into the club's coffers over the past few weeks, in a move aimed at providing additional financial liquidity to support the team's needs and prepare for upcoming moves in the transfer market.

According to the report, Cardinale is prepared to pump more money in the coming months, without specifying an additional amount yet, as part of the club's management efforts to enhance the team's competitiveness and provide the necessary resources for investment in its squad.

This move comes after AC Milan ended the last financial year with losses of €24 million, according to the report, at a time when the management is seeking to achieve a balance between financial stability and spending on strengthening the team, while avoiding excessive reliance on borrowing.

On the transfer front, AC Milan are planning to make a strong move during the upcoming January transfer window, with Portuguese defender Gonçalo Inácio, of Sporting Lisbon, and Brazilian forward Endrick, of Real Madrid, among the targeted names, according to the Italian newspaper.

This move signals Cardinale's desire to support the club's sporting project, as AC Milan looks to strengthen its squad and continue competing for its domestic and European goals. The outlines of the winter transfer activities are expected to become clearer in the coming period.