(SOURCE: acmilan.com, La Gazzetta dello Sport – 19 July edition)

Milan’s website reports that Robinho has renewed his contract until 2016. His previous deal, worth €4m a season, was due to expire in 2014.

The first word on salary came from Gianluca Di Marzio, who said the player accepted a cut down to around €3-3.5m, while Mediaset reported €3m. But the 19 July edition of La Gazzetta dello Sport claims that the cut is closer to 50% and that Robinho will earn around €2m a season.