AC Milan’s valuation as a club has dropped significantly due to the effects of the Coronavirus pandemic, according to a study.
A recent study carried out by KPMG (via Milanlive.it) revealed that among the 32 best teams in Europe, Milan are the only club to have seen their value decrease (-3%) in the last four years. In addition, they have accumulated record losses of €442m.
As a result of the poor sporting results, Milan’s value has fallen to €526m, which means they are in 22nd place.
Now, the same source (via MilanLive) have done some more research and compiled the data and values of the major European football clubs after the COVID-19 emergency.
There are huge losses across the board, in particular for the French and Dutch clubs part of the two leagues that decided to cancel early.
Milan’s valuation has suffered a 19% drop, falling from €423million to the current €343m.
Among the other Serie A clubs, Rino Gattuso’s Napoli have seen a major devaluation (-19.8%), while in Europe Galatasaray are at 23.3% less than four months ago.
