AC Milan are set to turn a profit for the 2022/23 season thanks to the run to the semi-finals of the Champions League, a report claims.
As has been reported by Calcio e Finanza, the Rossoneri could be recording a profit of €13 million for the 2022/23 season, further showing how the fortunes of the club off of the pitch are improving.
For context, Milan recorded a loss of over €66m for the 2021/22 season, despite winning the Serie A title in that campaign.
Milan have not ended a season with a profit since 2006, and there have been some very dark financial times in that period. The club is hardly now flush with cash, but things are improving.
The turnover should be around €375m, a €77m increase on last season. The Champions League run to the semi-finals was the driving force, with Milan set to have made €160m overall from their involvement. Costs for the season are expected to be just over €350m.