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ROME, ITALY – APRIL 10: Donyell Malen of AS Roma celebrates after scoring the team’s third goal during the Serie A match between AS Roma and Pisa SC at Stadio Olimpico on April 10, 2026 in Rome, Italy. (Photo by Paolo Bruno/Getty Images)
Milan passed up the opportunity to sign Donyell Malen in January, with the Dutch striker having since transformed Roma’s attack under Gian Piero Gasperini and emerged as one of Serie A’s most effective forwards in the second half of the season.
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According to CalcioMercato, an intermediary offered Malen to Milan during the winter window, but the club declined to commit to an operation worth a total of around €27 million.
Instead, Roma secured the former Aston Villa forward on an onerous loan of approximately €2 million, with an obligation to buy that will be triggered should the Giallorossi qualify for next season’s Europa League or Champions League.
Malen form at Roma highlights Milan’s costly January miscalculation
The numbers make for uncomfortable reading from a Milan perspective.
Since joining Roma, Malen has scored 11 goals and contributed two assists in 15 Serie A appearances, adding a further assist in the Europa League against Bologna.
The Dutchman left Aston Villa seeking a club that would trust him as an out-and-out centre-forward rather than a wide attacker, and Gasperini’s direct, vertical system has brought out the best in him.
Milan’s January business, by contrast, yielded little. Sporting director Igli Tare operated without a significant budget, and the arrival of Niclas Fullkrug, the only notable attacking addition, has produced just one goal, against Lecce.