AC Milan have operated at a loss of over €400million in the last five years, according to a report.

The Rossoneri leadership are awaiting the verdict from their appeal against penalties imposed by UEFA over breaches in Financial Fair Play.

Monday’s edition of il Corriere dello Sport provides further worrying updates on the club’s economic situation, stating that the club will hit the start of July running at a €100m loss for this year alone.

That deficit is reported to be €413m over the last five years, and €30m of sales are apparently needed by June 30 to help bring the deficit down slightly.

The club made a loss of €91m in 2014 and ran a deficit of €126m for 2017-18, with a third ownership change in three years taking place last summer.

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