AC Milan continue to go from strength to strength in financial terms, as they have the highest revenues of any Italian club.
According to the latest issue of the Deloitte Money League, Milan are in first place among Italian clubs for revenues not deriving from the purchase and sale of players. The club boasted a turnover of €397.6m in 2024 and are in 13th place at an overall European level.
There has been a growth of €12.3m compared to 2023 and this is down to increased commercial revenues of €150m, compared to €124m a year ago. Box office (ticket and matchday) revenues are on the rise too: €87m against €79m in 2023.
On the other hand, revenues from TV rights went down from €161m compared to €182m last year. The main positive is the exponential growth over the last five years:
➤ 2020: €154m
➤ 2021: €216m
➤ 2022: €257m
➤ 2023: €385.3m
The average Money League club generated €560m, comprised of €244m (44%) commercial revenue, €213m (38%) broadcast revenue, and €103m (18%) matchday revenue.
Real Madrid have become the first club to surpass €1bn revenues in a single season, remaining at the top of the Money League. They are followed by Manchester City (€838m), Paris Saint-Germain (€806m), Manchester United (€771m) and Bayern Munich (€765m).
Inter are one place below Milan with €391m in revenues, while Juventus are two spots below them on €355.7m, having relinquished top spot in recent years.

There’s a typo, you wrote Inter instead of Juventus
It seems a bit strange to exclude revenue from selling players, considering that’s a core part of running a club. But either way, we’re officially the highest earners in Serie A. Time to stop being so cheap!!
We have that financial scudetto in the bag!
But we’ll go bankrupt offering more than €20m for a player and salary over €5m per season.
Anyway, consecutive financial Scudetto baby!
Well the idea is if we pay higher for better places we will actually compete for trophies instead of just being in the conversation (let’s be honest we weren’t winning anything the last 3seasons including this one, we weren’t even competitive in the last two).
I already explained the profit was €4.6 million last season. That you continually lie even after your nonsense points are refuted shows just what a dispicable human being you are.
Your explanation means sh*t when you don’t know your facts. I gave you straight financial facts in numbers. But keep bashing your head to the wall, the damage is minimal.
Milan still under FFP restrictions until this coming summer.
You overspend, you get penalized by UEFA (could be transfer bans, could be paying Millions of Euros in fines (like Roma did). They could also kick us out of any European competitions if they want to, if they deem the infraction bad enough.
You do not want to get on UEFA’s bad side.
Clubs participating in UEFA competitions can have a squad cost equal to, at most, 80% of revenues (next year it will drop to 70). Milan are well below that limit, with a cost of around €225m and revenues of about €450m. It is even permitted for Milan to make a €60m loss.
Most revenue huh so we can sign Gimenez without selling a top player? Right?
For those who defend Redbird fiscal responsibility please take note of Man City and PSG who sit 2nd and 3rd.
They started from a very very low base, particularly City.
So how is it their revenues are so high?
Because as any good business owner knows, you have to speculate to accumulate!
They have invested heavily in their squads and this has brought on field success and off field brand recognition.
Now they are quite sustainable businesses
No, they receive indirect sponsorships from owners
Thank you!!! It’s no mystery really. If FFP was strictly applied those two clubs would be heavily sanctioned but such is life. It takes close to a decade to bring charges against a club for FFP violations meanwhile the club only continues with their egregious conduct and cooks books. Case and point, name any other football club that can afford to hand out mammoth baseball contracts that tie a player down for 10 years in all of Europe. It’s untenable in a system that doesn’t have a draft or doesn’t trade players for draft picks but buys players for hundreds of euros to have teams give such deals. Where is all this money coming from surely? Tv deals granted play a role in incom generation but still, something’s wrong there.
I don’t think you understand how corrupt UEFA is and how they punish Milan exceptional harsh while letting clubs like Barca and man city off the hook. Everyone knows they are accepting those sweet bribes from the petro states. Man city has 115 charges of breaking FFP rules and trust me they will get away with it because that’s how UEFA is.
What will happen with revenue if they don’t catch UCL next year ?
Milanelo 150-200ml and it’s loss
We’re making the money like we’re well out of the banter era, yet we’re spending like we’re still in the banter era…
Seems like hell will freeze over before we bring the likes of Sartori in to fix this mess and streamline everything.
Cardinale will use that money to pay his debt to Elliott. No big transfers. End of discussion
No, he won’t.
Yet we can’t offer a reasonable fee for Ricci or Gimenez?????