It is reported that the AC Milan club board of directors held a meeting to announce last season’s financial report.
Last season, AC Milan made a profit of 4.1 million euros. This marks the second consecutive season of profitability for the club, with a profit of 6.1 million euros in the 22-23 season. The club’s revenue last season reached 457 million euros, an increase of 13% compared to the 22-23 season. Milan has also brought in several new signings, with transfer spending exceeding 100 million euros.
The new contracts with kit sponsor Puma and front-of-shirt advertising sponsor Emirates have taken effect, leading to significant growth in commercial revenue for Milan. On the other hand, TV broadcasting fees and European competition revenue decreased last season.
Milan Announces Last Season’s Financial Report: Club Profits 4.1 Million Euros, Revenue Reaches 457 Million Euros. Author:Sports UEFA.Please indicate the source when reproduced:https://www.sportsuefa.com/football-world/milan-announces-last-seasons-financial-report-club-profits-4-1-million-euros-revenue-reaches-457-million-euros.html