AC Milan recorded the highest revenue growth as a percentage last season of any club outside the Premier League, a study has shown.
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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%.
