CF: Milan predicted to close 2021-22 financial year with over €40m revenue gain – the figures

By Oliver Fisher -

AC Milan are set to close the financial year with boosted revenues thanks to a number of different factors, according to a report.

It was confirmed back in September that Milan have essentially halved their losses as a financial resurgence continues. Calcio e Finanza and MilanNews both reported that the accounting year has effectively closed with a loss of €96.4m, a marked improvement compared to that of the 2019-20 season when the total stood at €-194.6m – a record loss for Milan.

According to the latest from Calcio e Finanza (as seen in the chart below), Milan’s total revenue for the 2021-22 year is projected to be around €303.5m which is up over €40m from the €260.9m posted in 2020-21.

The optimistic forecast (which includes a project for the second half of the season too) is thanks to a number of different factors such as participation in the Champions League, increased revenue from stadiums after Covid, new sponsorship deals and other partnerships.


Tags AC Milan


  1. Not as good result as it seems.
    -20m from sale of office asset
    -30m higher revenues from Euro competitions (CL)
    Domestic broadcasting has really suffered.

    1. Disagreed. It IS a good result for a club like Milan who just made a comeback to Champions League and can compete at top table Serie-A again after in the slump for 6-7 years because of Berlusconi and Yohongli bad management. Maldini did a great recovery job for the past 2 years.

      And outside from Champions League money and selling Casa Milan, they also got good revenue from tickets and new sponsorships where in 2020 that department took a big hit because of covid. Hopefully in 2022 Milan will get more money especially if they can win a scudetto.

  2. They should start selling players instead of letting them leave for free. That’s an easy way to increase revenue too. Just missed over 100M€ last summer due to poor contract handling. =D

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