A very positive sign has arrived regarding the state of AC Milan’s accounts as the club moved into the plus for the penultimate quarter of the year, a report claims.
Franco Ordine has written an editorial for MilanNews in which he gave a grade of 9 out of 10 to the team for their performance in 2022 but gave the club full marks because the resurgence continued from a financial standpoint.
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In the penultimate quarter of 2022 (closing in September), the club’s balance sheet – for the first time in a long time – reached a positive of €22m. It is a nest egg that serves as a valuable indicator that things are moving on the right path.
The amount of revenues (thanks to the new contracts with sponsors) went up, and by June 2023 it is expected to reach €340-350m. Qualifying for the Champions League for at least 3-4 seasons in a row would accelerate the resurgence too.
340 million? It takes 60 mill more to be equal with Juve Inter. Tickets should be more valuable, and commercial revenue 30 mil more, at least.
Im pleased to see my beloved AcMilan is heading in the right direction!
Success on the pitch is the real driver of economic growth. Investing in the team to be competitive in Europe is the way back to the top.
Bayern Munich are the best and most sustainable model
“Bayern Munich are the best and most sustainable model”. Right, and they rarely pay over 50m for a player, De Ligt and Lucas Hernandez being notable exceptions. And they usually make around only one 40-50m purchase per season. So massive spending sprees are unnecessary to achieve this model. Bayern also own their stadium. Milan is not yet at the point where it can make regular 50m purchases, but if we can continue qualifying for the CL we’ll be there in 2-3 years. More so when we finally get this new stadium built.
Milan has to check the kits puma are making for them! If they make acceptable kits than more fans will buy them even not fans like psg ajax and Celtic are doing it young fans like to where it without having a name on it just because the kit is lit! They gain a lot of revenue from it like ajax their 3th kit last season was sold out 2 times they gained 139million from it