AC Milan will face off against Atalanta in Bergamo tonight hoping for a big result to prove their resurgence, and it will be the battle of American ownerships.
La Gazzetta dello Sport (seen below) talks about a star-spangled battle between La Dea and the Rossoneri. Milan have been American-owned since 2018 (first Elliott Management, now RedBird Capital), while for Atalanta it was in 2022 that they passed into the hands of Stephen Pagliuca.
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The economic trend for both clubs is positive: both have healthy accounts (€4m net profit for Milan in the 2023-24 season, €12m for Atalanta) and are growing. The revenues of the Diavolo have exceeded €400m, while Atalanta’s are €160m, double compared to the pre-Champions League era.
Both models therefore work, but there is one issue on which there is no match between the two teams: infrastructure. In recent years, Atalanta have modernised their stadium and are aiming to soon reach €25m in stadium revenue (this year they are expected to get around €18m).
With the old facility, the Bergamo team earned just €7m, and that rose to €12m last season. In this aspect, Milan are behind despite having been working on the project for a new stadium since 2019. At the moment there are two options for the Rossoneri: San Siro or San Donato.
