Addy Dports > Football > Mi Sports: Milan’s revenue hit a record of 495 million euros last season, making it profitable for three consecutive seasons for the first time in history
Mi Sports: Milan’s revenue hit a record of 495 million euros last season, making it profitable for three consecutive seasons for the first time in history
October 14th, according to the "Gazzetta dello Sport" report, the Milan club has achieved profitability for three consecutive seasons.
On Monday local time, the Milan Club Board of Directors held a meeting and approved the club’s financial report for last season. In the 2024-25 season, the Milan club made a profit of 3 million euros. This is the first time in the history of the Milan club that it has achieved profits for three consecutive seasons. In the 2022-23 season, Milan made a profit of 6 million euros, and in the 2023-24 season, Milan made a profit of 4 million euros.
Continuous profits also show that Milan Club continues to move forward along the correct management path. Although Milan performed poorly last season and failed to qualify for the European war, the high-priced sale of Reinders (55 million euros) in June this year played an important role in the club's profitability. Without this transfer fee income, Milan will suffer losses.
In addition to profits, there is other good news in Milan's financial report last season, which is the club's income. In the 2024-25 season, Milan's total revenue reached 495 million euros, an increase of 10% from the 2023-24 season, setting a new single-season revenue record in the history of the Milan club.
The net assets of the Milan club are also increasing, from 196.3 million euros before to 199 million euros last season. Therefore, although Milan has no European war income this season, which will affect the club's financial situation, the club's shareholders can still deal with it calmly.
The Milan club also emphasized in its financial report that all income is reinvested, especially in sports. In the past two fiscal years, Milan has invested more than 250 million euros in players. In addition, Milan has also formed the B team Milan Future Team, which is a long-term development project.
In addition, Milan is also promoting a new stadium construction project and has received approval from the Milan City Council to purchase San Siro and surrounding areas. Milan Club previously spent 40 million euros to purchase land in the San Donato area. The club's goal is to cooperate with the local government to continue to promote the redevelopment of the area and enhance the investment value. Milan owner Redbird Group has long-term plans for the club, aiming to accelerate its development through global expertise and partnerships.
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