Milan have cut their yearly wage bill by €60m, but they are still the biggest payers in the Italian top flight.
The Gazzetta dello Sport have published their annual review of Serie A salaries and it shows that many clubs have taken action in view of the Financial Fair Play rules.
After a summer of waving goodbye to a host of veteran players, as well as Thiago Silva and Zlatan Ibrahimovic, the Diavolo now pay out €120m a season.
City rivals Inter have also been busy cutting costs and they have saved €40m after sacrificing big earners such as Julio Cesar, Lucio, Douglas Maicon and Diego Forlan.
Juventus’ costs have actually increased slightly, while Roma’s attempts to improve their books were affected by the new contract of Daniele De Rossi who is on €6m a campaign.
Genoa have saved €7m, Siena €4m and Palermo €2.6m.
Club wage bill and highest earner: Milan €120m (Pato €4m), Juventus €115m (Buffon €6m), Inter €100m (Sneijder €6m), Roma €95m (De Rossi €6m), Lazio €66.2m (Klose €2.1m), Napoli €53.2m (Cavani €4.5m), Fiorentina €38.8m (Jovetic €2.5m), Sampdoria €29.8m (Palombo €1.5m), Genoa €28.9m (Borriello €1.4m), Bologna €28.4m (Gilardino €1.2m), Atalanta €23.7m (Denis €1m), Palermo €23.4m (Miccoli €1.2m), Torino €22m (Bianchi €1.3m), Udinese €21.2m (Di Natale €1.3m), Parma €21.2m (Amauri €1m), Siena €18.9m (D’Agostino €0.8m), Catania €18m (Andujar €0.6m), Cagliari €15.9m (Conti €0.75m), Chievo €15.9m (Pellissier €0.8m), Pescara €10.8m (Celik €0.4m).
Meanwhile, the top 10 earners in Serie A are: Buffon (Juventus), De Rossi (Roma) and Sneijder (Inter) €6m, Totti (Roma) €5m, Cavani (Napoli) and Milito (Inter) €4.5m, Cambiasso (Inter), Mexes (Milan), Pato (Milan) and Robinho (Milan) €4m.