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.
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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.
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.
