AC Milan reduced their losses by around €130 million in the past three years thanks to an improvement in financial management, a report claims.
As has been reported by La Gazzetta dello Sport today, the Rossoneri are able to boast some of the best account figures of the top Italian sides after they changed how the club was being run.
In the 2019/20 season, the figure in the red stood at €194.6 million due to the poor financial management that was taking place before Elliot Management Group took over.
In the least three seasons, thanks to better management and also the success the team has enjoyed on the pitch in that time, the loss figure now stands at €66.5 million.
The club will be hoping that this is a good position to start from as they look to restore Milan as a Champions League winning side as they were in the mid-2000s. Another league title would help achieve that goal.