AC Milan recorded the highest revenue growth as a percentage last season of any club outside the Premier League, a study has shown.
The Deloitte Football Money League 2023 (via MilanNews) study has been published, which analyses the revenue trend of the main clubs in world football every year, and there was a section dedicated to what Milan have managed to achieve.
➤ Milan are in 16th position for revenues among all the clubs in the world, moving up three positions compared to the last season.
➤ Milan are the only one of the three major Italian clubs to have gained positions compared to the previous edition (Juventus moved down, Inter remained the same).
➤ Among the top 20 clubs, Milan are sixth in terms of % increase in revenues compared to last year (behind Liverpool, Manchester United, Tottenham, West Ham and Newcastle). Excluding the Premier League therefore, Milan recorded the highest % increase, year-on-year.
➤ Milan’s revenues are estimated at €264.9m, up 22% from €216.3m in the past season.
➤ The growth in revenues compared to the previous season is largely due to the increase in matchday revenue of €32m, and the growth from €69n to €87m in commercial revenues.
➤ Compared to the previous season, the ratio between salaries and revenues dropped from 78% to 64%. In 2020, in the midst of the pandemic, it was as high as 108%.