The 2022-23 accounts were officially approved today, and with it came some details about the various revenue streams that AC Milan were able to benefit from.
As MilanNews report, the budget also includes figures regarding sponsorships and the sale of audiovisual rights. It is worth noting that the Emirates and PUMA deals are the old ones and not the new ones signed worth €30m per year each, which came into effect from.
Consequently, the renewed contracts with the kit supplier and sponsor will have a positive impact in the 2023-24 accounts rather than for 2022-23, while below are the full figures.
Sponsors
➤ €16.2m from Emirates (official sponsor)
➤ €14.5m from PUMA (technical sponsor)
➤ €49.3m relating to the sale of multi-product packages to commercial partners, including Banco BPM, Goat & Partners, HDR Global Trading, ISG, Sorare, Tianyu Tech and We Fox Italy.
➤ €644k for the license to use the terms ‘Official Supplier, ‘Official Partner’ and ‘Institutional Sponsor’
Audiovisual rights
Proceeds from the sale of audiovisual rights, equal to €174,907,000 (€133,075,000 Euros in the 2021-22 financial year): €87,024,000 derive from the centralised licensing of the audiovisual rights for the 2022-23 season of the various packages assigned to broadcasters, including in particular Sky Italia Srl, RAI, IMG Media and Perform Investment Ltd (Dazn).
Then, €87,882,000 (€44,272,000 in the 2021-22 financial year) refer to the amount paid to the Parent Company as a result of the negotiation and exploitation of television and radio rights for participation in the UEFA Champions League competition – 2022/ edition 2023.
