AC Milan have overtaken their city rivals Inter in terms of revenues obtained for the 2022-23 accounting year, a report has revealed.
The Deloitte Football Money League (via Sky) study shows that Real Madrid are once again the richest club in Europe in terms of revenues with €831m obtained in the last season, which means Los Blancos have overtaken Manchester City (€826m).
PSG are third on the podium with €802m, ahead of Barcelona at €800m, and it marks the first time in history that the French club have been in the top three in Europe when it comes to revenues generated.
The data also revealed how 17 of the 20 top European clubs recorded increases takings, mainly thanks to the recovery of sponsorships lost in the Covid years and an increase in ticket sales (and prices).
First among the Italian teams are Juventus in 11th position with €432m in turnover (+8% compared to 2021-22), while Milan have made a big leap from €257.4m to €385.3m last season, an increase of around 50%.
That is enough to rise three places in the ranking – from 16th to 13th – and also to overtake Inter who remain stuck in 14th place with €378m in revenues. Napoli are in the top 20, with €267m.
We broke down Milan’s 2022-23 financial accounts in a bonus article for our Substack, which you can check out here.