AC Milan to revamp squad and spend big in the summer

AC Milan announcing the opening of their new club headquarters with a promise to club's fans that they would be investing money in the playing squad in the coming months.

Barbara Berlusconi, the club's vice president, has announced that AC Milan expect to bring in new players this summer and will spend big sums of money to secure the talent that the club needs.

"We have a moral duty to get straight to work on ensuring Milan return to the levels they deserve," Berlusconi quipped.

"Our family have decided to invest to bridge the gap to Europe's other top clubs. Milan have got to start winning again -- we've got to be competitive."

Milan have been linked with moves for Southampton winger Gaston Ramirez, Arsenal attacker Olivier Giroud and French international winger Antoine Griezmann.