AC Milan’s recent representation at the Expo in Dubai certainly serves as a chance to raise the visibility of the club’s brand, and it could have an important role for the future too.
As highlighted by the Football Money League, an annual report drawn up by Deloitte, Milan have raised their revenues to €216m as of 2020-21. Elliott Management have done some exceptional work, and as our colleagues at SempreMilan.it report, they may now be thinking of a sale.
Milan are ‘healed’
According to the report, the Rossoneri occupy 19th place in the ranking among clubs in Europe for revenue. As today’s edition of Tuttosport explains, this is a positive result that certifies the extraordinary work done by Elliott who can now also think about a future sale.
By nature, an investment fund does nothing but acquire an indebted company or club – such as Milan – then remove their debts and improve their financial accounts before reselling at a higher price than what they paid.
The American fund have invested over €750m into Milan, which is a huge amount but one which could be tripled – if not even more – by those who one day want to acquire the club.
Rossoneri in Dubai
The presence of a large Rossoneri delegation including Stefano Pioli, Fikayo Tomori, Brahim Diaz and Paolo Maldini plus CEO Ivan Gazidis before have been guests in Dubai, to promote the club’s brand at the Expo.
It is a promotional visit but one that could however open up new possibilities, and who knows if the next owner of AC Milan might not come from the United Arab Emirates.
